Bullish option flow detected in Enterprise Products with 10,276 calls trading, 4x expected, and implied vol increasing almost 2 points to 11.95%. 6/28 weekly 29 calls and 6/28 weekly 28.5 puts are the most active options, with total volume in those strikes near 6,900 contracts. The Put/Call Ratio is 0.12. Earnings are expected on July 30th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EPD:
- Enterprise Products price target lowered to $34 from $35 at Morgan Stanley
- TipRanks’ ‘Perfect 10’ List: 2 Top-Scoring Stocks with Dividend Yields of at Least 7%
- Top Analysts Love These 3 High-Yield Stocks
- Natural Gas: A Natural Bridge to Fuel AI’s Electric Demand
- Options Volatility and Implied Earnings Moves Today, April 30, 2024