TRU-SENTIMENT · DeltaNeutral
ET Trading Analysis - 09/22/2026 04:37 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
ET (Energy Transfer LP Common Units representing limited partner interests) at $20.50. True Sentiment Bullish, delta 40-60 call 99% / put 1%, call $2,627,999 vs put $14,961. RSI 24.8.
- Symbol
- ET
- Price
- $20.50
- Article bias (separate from True Sentiment)
- neutral
- Conviction
- medium
- Published
- 2026-09-22 16:37:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Bullish
Call vs Put dollar volume:
- Call dollar volume: $2,627,999
- Put dollar volume: $14,961
The options flow sentiment is bullish, with a significant call-to-put dollar volume ratio.
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: $31,709,800
- Operating Cash Flow: $15,736,000
- Debt-to-Equity: 0.37
- Return on Equity (ROE): -10.09%
- Gross Margins: 64.69%
- Operating Margins: -8.79%
- Profit Margins: -8.79%
The fundamentals indicate a concerning picture with negative ROE, operating, and profit margins. However, the gross margins are relatively healthy, and the debt-to-equity ratio is manageable.
Current Market Position:
Current price: $20.40
Recent price action: The stock has been trending downward, with a recent low of $20.40.
Key support and resistance levels:
| Level | Price |
|---|---|
| Support | $20.40 |
| Resistance | $21.50 |
Technical Analysis:
Technical Indicators
The technical indicators suggest a bearish trend, with RSI below 30, MACD neutral, and the stock trading below its 20-day and 50-day SMAs.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bullish
Call vs Put dollar volume:
- Call dollar volume: $2,627,999
- Put dollar volume: $14,961
The options flow sentiment is bullish, with a significant call-to-put dollar volume ratio.
Key Price Levels:
25-Day Price Forecast:
Based on current technical trends and momentum, ET is projected for $19.20 to $20.80.
The projection is based on the current SMA trends, RSI momentum, MACD signals, and recent volatility (ATR).
Defined Risk Strategy Recommendations:
Based on the price forecast, consider the following defined risk strategies:
- Buy Bull Call Spread: ET 20.0/21.5 call spread (expiration: 2026-10-16)
- Sell Bear Put Spread: ET 19.5/20.5 put spread (expiration: 2026-10-16)
- Buy Iron Condor: ET 19.0/20.0/21.0/22.0 iron condor (expiration: 2026-10-16)
These strategies align with the projected price range and offer a defined risk profile.
Risk Factors:
- Technical warning signs: RSI below 30
- Sentiment divergences: None
- Volatility and ATR considerations: Recent volatility increase
These risk factors could impact the trade thesis and should be monitored closely.
Summary & Conviction Level:
Overall bias: Neutral
Conviction level: Medium
One-line trade idea: Consider defined risk strategies based on technical and sentiment analysis.
View ET Options Chain