Energy Transfer Unusual Options Activity For October 04
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Energy Transfer (NYSE:ET), with a majority of investors taking a bearish stance. Of the 11 strange trades detected, 63% were bearish and 36% bullish. The total amount for the 7 puts was $298,325 and for the 4 calls was $146,980. Whales have been targeting a price range from $7.0 to $17.0 for Energy Transfer over the last 3 months. The current price of ET is down -0.37% at $13.5.
October 04, 2023 | 8:16 pm
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Energy Transfer has seen unusual options activity, with a majority of investors taking a bearish stance. The current price of ET is down -0.37% at $13.5.
The unusual options activity, with a majority of investors taking a bearish stance, indicates a potential downward trend for Energy Transfer's stock in the short term. This is further supported by the current price of ET being down -0.37%.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100