Benzinga's options scanner just detected over 8 options trades for Energy Transfer ET summing a total amount of $349,095.
At the same time, our algo caught 2 for a total amount of 125,880.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $12.0 to $30.0 for Energy Transfer during the past quarter.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Energy Transfer options trades today is 18709.67 with a total volume of 5,350.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Energy Transfer's big money trades within a strike price range of $12.0 to $30.0 over the last 30 days.
Energy Transfer Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ET | PUT | SWEEP | BULLISH | 05/17/24 | $9.65 | $9.6 | $9.6 | $25.00 | $72.9K | 0 | 6 |
| ET | PUT | SWEEP | BULLISH | 05/17/24 | $16.5 | $14.7 | $14.7 | $30.00 | $52.9K | 0 | 0 |
| ET | CALL | SWEEP | BULLISH | 01/17/25 | $0.35 | $0.32 | $0.35 | $17.00 | $40.2K | 50.4K | 1.1K |
| ET | CALL | TRADE | BULLISH | 06/20/25 | $3.8 | $3.75 | $3.8 | $12.00 | $38.0K | 5.6K | 600 |
| ET | CALL | TRADE | BULLISH | 06/20/25 | $3.7 | $3.65 | $3.7 | $12.00 | $37.0K | 5.6K | 500 |
About Energy Transfer
Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
Present Market Standing of Energy Transfer
- With a volume of 8,094,437, the price of ET is up 2.03% at $15.79.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 6 days.
What The Experts Say On Energy Transfer
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $19.0.
- An analyst from Mizuho downgraded its action to Buy with a price target of $19.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Energy Transfer options trades with real-time alerts from Benzinga Pro.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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