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Energy Transfer call volume above normal and directionally bullish

Bullish option flow detected in Energy Transfer with 15,796 calls trading, 1.3x expected, and implied vol increasing over 2 points to 13.21%. Jan-27 17 calls and 10/11 weekly 16 calls are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.20. Earnings are expected on November 6th.

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