TRU-SENTIMENT · DeltaNeutral
ET Trading Analysis - 09/22/2026 03:58 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
ET (Energy Transfer LP Common Units representing limited partner interests) at $20.52. True Sentiment Bullish, delta 40-60 call 100% / put 0%, call $2,708,433 vs put $11,599. RSI 26.2.
- Symbol
- ET
- Price
- $20.52
- Article bias (separate from True Sentiment)
- bullish
- Conviction
- medium
- Published
- 2026-09-22 15:58:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Options flow sentiment: Bullish
Call vs. Put dollar volume: 99.6% calls, 0.4% puts
The sentiment analysis indicates strong bullish conviction in the options market, with a significant dominance of call buying.
Key Statistics: ET
Fundamental Snapshot
Valuation
| P/E (Trailing) | N/A |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | N/A |
Profitability
| EPS (Trailing) | N/A |
| EPS (Forward) | N/A |
| ROE | -10.09% |
| Net Margin | -8.79% |
Financial Health
| Revenue (TTM) | $317.10M |
| Debt/Equity | 0.37 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for ET (Energy Transfer) include:
- Energy Transfer reports strong Q2 earnings, beats analyst estimates
- ET announces plans to expand its natural gas operations in the Permian Basin
- Energy Transfer's Board of Directors declares quarterly distribution of $0.20 per unit
These headlines suggest a positive outlook for ET, with strong earnings and expansion plans. However, the impact of these developments on the stock's technical and sentiment analysis needs to be assessed.
Fundamental Analysis:
Based on the provided fundamentals data:
- Total Revenue: $3,170,980,000
- Operating Cash Flow: $15,736,000
- Debt-to-Equity Ratio: 0.37
- Gross Margin: 64.69%
- Operating Margin: -8.79%
- Profit Margin: -8.79%
The fundamentals indicate a significant revenue base, but profitability metrics are negative, suggesting potential concerns about the company's operational efficiency. The debt-to-equity ratio appears manageable.
Current Market Position:
Current price: $20.51
Recent price action shows a decline, with the stock trading near its 30-day low.
Key support levels: $20.50, $20.75
Key resistance levels: $21.00, $21.50
Technical Analysis:
Technical Indicators
SMA trends:
- 5-day SMA: $20.94
- 20-day SMA: $21.33
- 50-day SMA: $20.85
The stock is trading below its 50-day SMA, indicating a potential downtrend. RSI is oversold, which could suggest a bounce-back. MACD is neutral.
True Sentiment Analysis (Delta 40-60 Options):
Options flow sentiment: Bullish
Call vs. Put dollar volume: 99.6% calls, 0.4% puts
The sentiment analysis indicates strong bullish conviction in the options market, with a significant dominance of call buying.
Key Price Levels:
25-Day Price Forecast:
Based on current trends, ET is projected for $20.00 to $22.00.
This range considers the current SMA trends, RSI momentum, MACD signals, and recent volatility.
Defined Risk Strategy Recommendations:
Based on the price forecast, consider the following defined risk strategies:
- Bull Call Spread: Buy $20.50 call, sell $22.00 call
- Bear Put Spread: Sell $20.00 put, buy $18.50 put
These strategies align with the bullish sentiment and projected price range.
Risk Factors:
- Technical weaknesses: Breakdown below $20.50 support
- Sentiment divergences: Shift in options flow sentiment
- Volatility: Increased ATR could impact strategy performance
Summary & Conviction Level:
Overall bias: Bullish
Conviction level: Medium
One-line trade idea: Consider bullish strategies on ET given strong options sentiment and oversold conditions.
View ET Options Chain