Equitrans Midstream call volume above normal and directionally bullish
The Fly

Equitrans Midstream call volume above normal and directionally bullish

Bullish option flow detected in Equitrans Midstream with 14,303 calls trading, 2x expected, and implied vol increasing over 9 points to 44.97%. Mar-24 12 calls and Feb-24 12 calls are the most active options, with total volume in those strikes near 12,000 contracts. The Put/Call Ratio is 0.01. Earnings are expected on February 20th.

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