Bullish option flow detected in Equitrans Midstream with 17,395 calls trading, 2x expected, and implied vol increasing almost 3 points to 45.60%. Feb-24 11 calls and Apr-24 11 calls are the most active options, with total volume in those strikes near 16,600 contracts. The Put/Call Ratio is 0.00. Earnings are expected on February 20th.
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Read More on ETRN:
- Equitrans Midstream call volume above normal and directionally bullish
- Equitrans Midstream put volume heavy and directionally bearish
- Wells Fargo downgrades Equitrans Midstream to Underweight, raises target to $10
- Wells Fargo gets more bearish on Equitrans Midstream, downgrades shares
- Equitrans Midstream named Top Pick in Midstream at Morgan Stanley
