Equitrans Midstream call volume above normal and directionally bullish

Bullish option flow detected in Equitrans Midstream with 7,293 calls trading, 1.8x expected, and implied vol increasing over 1 point to 29.89%. Apr-24 11 calls and Apr-24 12 calls are the most active options, with total volume in those strikes near 7,100 contracts. The Put/Call Ratio is 0.00. Earnings are expected on April 30th.

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