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Equitrans Midstream call volume above normal and directionally bullish

Bullish option flow detected in Equitrans Midstream with 10,456 calls trading, 4x expected, and implied vol increasing over 2 points to 34.99%. Dec-23 10 calls and Apr-24 11 calls are the most active options, with total volume in those strikes near 10,400 contracts. The Put/Call Ratio is 0.00. Earnings are expected on February 20th.

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