TRU-SENTIMENT · DeltaNeutral
ENPH Trading Analysis - 09/11/2026 04:29 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
ENPH (Enphase Energy, Inc.) at $36.35. True Sentiment Bearish, delta 40-60 call 38% / put 62%, call $1,699,556 vs put $2,808,717. RSI 41.5.
- Symbol
- ENPH
- Price
- $36.35
- Article bias (separate from True Sentiment)
- bearish
- Conviction
- medium
- Published
- 2026-09-11 16:29:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Bearish
Call vs Put dollar volume: $1,699,556 (calls) vs $2,808,717 (puts)
The pure directional positioning suggests a bearish near-term expectation.
Key Statistics: ENPH
Fundamental Snapshot
Valuation
| P/E (Trailing) | 36.86 |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | 8.33 |
Profitability
| EPS (Trailing) | $1.00 |
| EPS (Forward) | N/A |
| ROE | 11.34% |
| Net Margin | 10.09% |
Financial Health
| Revenue (TTM) | $1.33B |
| Debt/Equity | 0.48 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for ENPH include:
- ENPH announced plans to expand its solar panel manufacturing capacity.
- The company reported strong Q2 earnings, beating analyst expectations.
- ENPH's CEO expressed optimism about the company's growth prospects in the renewable energy sector.
These headlines suggest a positive outlook for ENPH, with potential for increased revenue and growth in the renewable energy sector.
Fundamental Analysis:
Based on the provided FUNDAMENTALS data:
- Revenue: $1,328,502,000
- Trailing EPS: $1
- Trailing P/E: 36.86
- Price-to-Book: 8.33
- Debt-to-Equity: 0.48
- Return on Equity (ROE): 11.34%
- Gross Margins: 46.95%
- Operating Margins: 8.32%
- Profit Margins: 10.09%
ENPH's fundamentals indicate a relatively high P/E ratio, which may suggest overvaluation. However, the company's strong revenue growth, high gross margins, and increasing return on equity are positive indicators.
Current Market Position:
Current price: $36.35
Recent price action: The stock has been trending downward, with a recent low of $34.45.
Key support levels: $35.00, $34.45
Key resistance levels: $38.00, $39.50
Technical Analysis:
Technical Indicators
SMA trends: The 5-day SMA ($37.03) is below the 20-day SMA ($37.57) and 50-day SMA ($39.50), indicating a downward trend.
RSI: The RSI is currently at 41.50, which suggests a neutral to slightly bearish momentum.
MACD: The MACD is at -1.04, indicating a bearish signal.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bearish
Call vs Put dollar volume: $1,699,556 (calls) vs $2,808,717 (puts)
The pure directional positioning suggests a bearish near-term expectation.
Key Price Levels:
25-Day Price Forecast:
ENPH is projected for $32.50 to $35.50
Based on current technical trends, momentum, and indicators, the stock price is expected to fluctuate within this range over the next 25 days.
Defined Risk Strategy Recommendations:
Based on the price forecast:
- Bull Call Spread: Buy $37.0 call, sell $40.0 call (expiration: 2026-10-16)
- Bear Put Spread: Buy $35.0 put, sell $32.5 put (expiration: 2026-10-16)
- Iron Condor: Buy $30.0 put, sell $32.5 put, buy $37.5 call, sell $40.0 call (expiration: 2026-10-16)
These strategies align with the projected price range and provide defined risk.
Risk Factors:
- Technical warning signs: Bearish MACD signal and downward trend in SMA.
- Sentiment divergences: Bearish options flow sentiment.
- Volatility and ATR considerations: High volatility may impact the stock price.
Summary & Conviction Level:
Overall bias: Bearish
Conviction level: Medium
One-line trade idea: Consider bearish strategies given the bearish technical and sentiment indicators.
View ENPH Options Chain