Bullish option flow detected in Enterprise Products (EPD) with 21,834 calls trading, 10x expected, and implied vol increasing over 1 point to 18.37%. 7/25 weekly 32 calls and Mar-26 45 calls are the most active options, with total volume in those strikes near 20,500 contracts. The Put/Call Ratio is 0.01. Earnings are expected on July 28th.
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- Enterprise Products call volume above normal and directionally bullish
- Unusually active option classes on open July 7th
- Enterprise Products initiated with a Hold at TD Cowen
