This Is What Whales Are Betting On Energy Transfer

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High-rolling investors have positioned themselves bullish on Energy Transfer ET, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in ET often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 11 options trades for Energy Transfer. This is not a typical pattern.

The sentiment among these major traders is split, with 81% bullish and 18% bearish. Among all the options we identified, there was one put, amounting to $25,800, and 10 calls, totaling $571,128.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $15.0 to $21.0 for Energy Transfer during the past quarter.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Energy Transfer options trades today is 15728.6 with a total volume of 3,857.00.

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 $15.0 to $21.0 over the last 30 days.

Energy Transfer Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ET CALL SWEEP BULLISH 01/16/26 $1.6 $1.58 $1.6 $20.00 $183.2K 36.4K 1.1K
ET CALL TRADE BULLISH 01/15/27 $2.05 $1.94 $2.05 $20.00 $80.3K 22.0K 422
ET CALL TRADE BEARISH 06/20/25 $5.2 $5.1 $5.1 $15.00 $50.9K 3.2K 264
ET CALL SWEEP BEARISH 07/18/25 $1.15 $1.07 $1.08 $20.00 $43.3K 2.3K 405
ET CALL TRADE BULLISH 01/17/25 $2.0 $1.95 $2.0 $18.00 $40.0K 11.6K 227

About Energy Transfer

Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.

Following our analysis of the options activities associated with Energy Transfer, we pivot to a closer look at the company's own performance.

Where Is Energy Transfer Standing Right Now?

  • With a trading volume of 12,152,088, the price of ET is up by 0.1%, reaching $20.06.
  • Current RSI values indicate that the stock is may be overbought.
  • Next earnings report is scheduled for 26 days from now.

What The Experts Say On Energy Transfer

In the last month, 4 experts released ratings on this stock with an average target price of $22.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for Energy Transfer, targeting a price of $21. * An analyst from Goldman Sachs has decided to maintain their Neutral rating on Energy Transfer, which currently sits at a price target of $20. * An analyst from Barclays persists with their Overweight rating on Energy Transfer, maintaining a target price of $22. * An analyst from Barclays has decided to maintain their Overweight rating on Energy Transfer, which currently sits at a price target of $25.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Energy Transfer with Benzinga Pro for real-time alerts.

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