Energy Transfer Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Energy Transfer (NYSE:ET) as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 52% bullish and 47% bearish. Out of the special options, 6 are puts, for a total amount of $363,740, and 15 are calls, for a total amount of $851,815. Whales have been targeting a price range from $10.0 to $22.0 for Energy Transfer over the last 3 months.
August 29, 2023 | 8:31 pm
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Unusual options activity indicates a bullish stance on Energy Transfer. The sentiment of big-money traders is split between 52% bullish and 47% bearish.
The unusual options activity, with a higher number of calls than puts and a larger total amount for calls, indicates a bullish stance on Energy Transfer. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100