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Energy Transfer call volume above normal and directionally bullish

Bullish option flow detected in Energy Transfer with 23,473 calls trading, 1.7x expected, and implied vol increasing over 4 points to 15.78%. Jan-26 17 calls and Jan-28 13 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.15. Earnings are expected on February 11th.

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