What does the WLKP options chain show right now?

As of May 15, 2026, Westlake Chemical Partners LP (WLKP) has 985 contracts outstanding and 28 traded today, with ATM IV of 77.4%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.

What expirations are available for WLKP options?

The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.

How tight are WLKP options bid/ask spreads?

Average bid/ask spread across the chain is 99.38%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.

Westlake Chemical Partners LP (WLKP) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

Westlake Chemical Partners LP (WLKP) operates in the Basic Materials sector, specifically the Chemicals industry, with a market capitalization near $830.7M, listed on NYSE, employing roughly 2,169 people, carrying a beta of 0.51 to the broader market. Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. Led by Jean-Marc Gilson, public since 2014-07-30.

Snapshot as of May 15, 2026.

Spot Price: $22.75
Total OI: 985
Total Volume: 28
Front Expiration: 34 days
Second Expiration: 63 days
ATM IV: 77.4%
Avg Bid/Ask Spread: 99.38%

As of May 15, 2026, Westlake Chemical Partners LP (WLKP) has 985 open contracts and 28 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 77.4%. Average bid/ask spread across the chain is 99.38%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How WLKP options chain Data Feeds Strategy Selection

Strategy selection on Westlake Chemical Partners LP options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 77.4% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how the options chain is reported and how to read the data →

Frequently asked WLKP options chain questions

What does the WLKP options chain show right now?: As of May 15, 2026, Westlake Chemical Partners LP (WLKP) has 985 contracts outstanding and 28 traded today, with ATM IV of 77.4%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for WLKP options?: The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are WLKP options bid/ask spreads?: Average bid/ask spread across the chain is 99.38%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.