Bullish option flow detected in Enterprise Products (EPD) with 14,223 calls trading, 3x expected, and implied vol increasing almost 4 points to 17.69%. 7/11 weekly 32 calls and Jun-26 32 calls are the most active options, with total volume in those strikes near 12,600 contracts. The Put/Call Ratio is 0.05. Earnings are expected on July 29th.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EPD:
- Unusually active option classes on open July 7th
- Enterprise Products initiated with a Hold at TD Cowen
- Hold Rating on Enterprise Products Partners Amidst NGL Infrastructure Concerns and Stabilizing Refined Product Trends
- BIS Lifts Export Restrictions on Enterprise Products
- Enterprise Products price target lowered to $35 from $36 at Barclays