MPLX MPLX LP
$56.38 · +0.00% vs $56.38 close · scored 06:47 · stale
Decision brief
BEARISH · 52/100
What changed
Composite weakened 9.5 points.
Evidence is stale — treat this read cautiously.
What would change the view
composite rises above -15 · confidence deteriorates materially from 52/100
For the read
options volume favours puts · signal has been stable
Against / uncertainty
open interest leans against the read
The read
Strongly bearish, moderately evidenced , and the tape has led price here.
−100 bearish 0 bullish +100
−37.7 composite┆ −28.2 yesterday (−9.5) −9.5 vs a week ago
Evidence
52 / 100 · top 58% today
202 contracts · quality 50 · stability 0.78
hasn’t paid +0.10% · n=21,921
What traded today · weight 62%
−42.4 pts
32 calls · 15.8% 170 puts
bias −68.3 × 0.62
What’s on the books · weight 38%
+4.7 pts
3,229 call OI · 56.1% 2,523 put OI
bias +12.3 × 0.38
Equals
−37.7
90% of the score comes from today’s volume, 10% from open interest. Disagree with either?
See the method.
tape composite (bars)— price ◆ big one-day moves 30d: price −5.51% · tape −86.4 · corr 0.67
● peak +85 ◆ −91.4 in a day ▼ low −48.7 08-25 09-01 09-08 09-15 09-22 09-29 10-06 10-09 $60 $56 Plain English: Over 30 days, price has fallen 5.51% while the tape has faded 86.4 points. They agree.
03
Should you trust it? note Some evidence, not a lot confidence 52 (42th pct) · quality 50 · 202 contracts
note Jumpy 0.78 vs 7-day rolling · choppiness 50
against This kind of read hasn’t paid strongly bearish · put-heavy · low liquidity → +0.10% avg, n=21,921
pass Tape has led price tape has led MPLX’s price by 3 days (r=-0.29, n=44)
against Our record on MPLX is poor 16% hit rate on 363 closed calls · payoff 0.49×
04
Where the positions sit No per-strike chain is stored for this name yet, so we can’t show where the positions sit. The totals above still come from today’s chain.
Spot $56.38. The $55 strike holds the most open interest (the “wall”, 2,386).
05 Our record on MPLX Proof
3 Oct · 4h
$56.38 → $56.38
+0.00% flat
2 Oct · 4h
$56.35 → $56.35
+0.00% flat
2 Oct · 4h
$56.35 → $56.35
+0.00% flat
2 Oct · 4h
$56.22 → $56.22
+0.00% flat
One rule everywhere: a move of 0.05% or less is flat , and flat is not a hit. That is the same rule Proof uses; 271 of these 363 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Buy-leaning Next report —
P/E 12.30 · fwd 12.48 Beta 0.475
52w $47.80–$60.95 IV rank —
Ask about MPLX answers from FlowDesk data only
You
Why did the score rise from −49 to −38 this week?
FlowDesk
It was mostly one day. The composite was −48.7 on 1 Oct, then rose to −28.2 on 2 Oct as the price moved from $56.68 to $56.35. It’s at −37.7 now. Today’s −37.7 breaks down as −42.4 from volume and +4.7 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 45 pts stock_scores · 06:47 method · 62/38
Compare with OXY Why is our MPLX record what it is? What’s the $55 wall?
What our data projects
−0.71 points vs the market, next 5 trading days
#625 of 635 · helped by tape composite. Not trusted yet: context, not a call.
How
Tell me when… The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $55 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Sign in to set alerts. Composite, price and evidence rules work today; earnings and one-day-move rules aren’t built yet.
MPLX LP · Energy
Strongly bearish, moderately evidenced . The tape has led price here.
−100 bearish 0 bullish +100
−37.7 ┆ −28.2 yday evidence 52
hasn’t paid +0.10% · n=21,921
Why it’s −38
−42.4 volume · 16% calls+4.7 OI · 56% calls
45 days · tape bars, price line
◆ −91.4 08-25 09-01 09-08 09-15 09-22 09-29 10-06 10-09 $60 $56
Price −5.51%, tape −86.4 over 30 days. The two agree.
Should you trust it?
note Some evidence, not a lot confidence 52 (42th pct) · quality 50 · 202 contracts
note Jumpy 0.78 vs 7-day rolling · choppiness 50
against This kind of read hasn’t paid strongly bearish · put-heavy · low liquidity → +0.10% avg, n=21,921
against Our record on MPLX is poor 16% hit rate on 363 closed calls · payoff 0.49×
What traded today · 62%
−42.4 pts
32 calls · 170 puts · bias −68.3
What’s on the books · 38%
+4.7 pts
3,229 call OI · 2,523 put OI · bias +12.3
tape composite (bars)— price ◆ big one-day moves 30d: price −5.51% · tape −86.4 · corr 0.67
● peak +85 ◆ −91.4 in a day ▼ low −48.7 08-25 09-01 09-08 09-15 09-22 09-29 10-06 10-09 $60 $56 Over 30 days, price has fallen 5.51% while the tape has faded 86.4 points. They agree.
No per-strike chain is stored for this name yet, so we can’t show where the positions sit. The totals above still come from today’s chain.
16% hit rate · 363 closed
3 Oct · 4h
$56.38 → $56.38
+0.00% flat
2 Oct · 4h
$56.35 → $56.35
+0.00% flat
2 Oct · 4h
$56.35 → $56.35
+0.00% flat
2 Oct · 4h
$56.22 → $56.22
+0.00% flat
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $55 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about MPLX
Why did the score rise from −49 to −38 this week?
It was mostly one day. The composite was −48.7 on 1 Oct, then rose to −28.2 on 2 Oct as the price moved from $56.68 to $56.35. It’s at −37.7 now. Today’s −37.7 breaks down as −42.4 from volume and +4.7 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 45 pts stock_scores · 06:47 method · 62/38
Compare with OXY Why is our MPLX record what it is? What’s the $55 wall?