TRU-SENTIMENT · DeltaNeutral
ET Trading Analysis - 09/22/2026 05:22 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 99% / put 1%, call $2,627,999 vs put $14,961. RSI 24.8.
- Symbol
- ET
- Price
- $20.52
- Article bias (separate from True Sentiment)
- neutral
- Conviction
- medium
- Published
- 2026-09-22 17:22:00 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 | Put Dollar Volume |
|---|---|
| $2,627,999 | $14,961 |
The options flow sentiment is bullish, with a significant majority of call dollar volume.
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 pipeline network
- Energy Transfer's CEO discusses future growth prospects in the energy sector
These headlines suggest a positive outlook for ET, with strong earnings and expansion plans. However, the impact of these developments on the stock price needs to be analyzed in conjunction with technical and sentiment data.
Fundamental Analysis:
Based on the provided fundamentals data:
- Total Revenue: $31,709,800
- 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 stable financial position, with a reasonable debt-to-equity ratio. However, the negative operating and profit margins raise concerns about the company's profitability.
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:
SMA trends:
| SMA | Price |
|---|---|
| 5-day SMA | $20.92 |
| 20-day SMA | $21.32 |
| 50-day SMA | $20.85 |
RSI (14): 24.75 (oversold)
MACD: 0.01 (neutral)
Bollinger Bands: Middle band at $21.32, upper band at $21.93, lower band at $20.72
The technical indicators suggest a neutral to bearish outlook, with the RSI indicating oversold conditions and the MACD showing no clear direction.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bullish
Call vs Put dollar volume:
| Call Dollar Volume | Put Dollar Volume |
|---|---|
| $2,627,999 | $14,961 |
The options flow sentiment is bullish, with a significant majority of call dollar volume.
Key Price Levels:
Support: $20.40
Resistance: $21.50
Entry: $20.50
Target: $22.00
Stop Loss: $19.50
25-Day Price Forecast:
ET is projected for $20.50 to $22.50
The forecast is based on the current technical trends, momentum, and indicators, including the SMA trends, RSI momentum, MACD signals, and recent volatility (ATR).
Defined Risk Strategy Recommendations:
Based on the price forecast:
- Bull Call Spread: Buy ET 261016C00020000 (20.0 strike) and sell ET 261016C00021500 (21.5 strike)
- Bear Put Spread: Buy ET 261016P00021000 (21.0 strike) and sell ET 261016P00019500 (19.5 strike)
- Iron Condor: Sell ET 261016C00020500 (20.5 strike) and buy ET 261016C00022000 (22.0 strike), sell ET 261016P00019500 (19.5 strike) and buy ET 261016P00018000 (18.0 strike)
The recommended strategies align with the projected price range and offer a defined risk approach.
Risk Factors:
- Technical warning signs: RSI oversold conditions
- Sentiment divergences: Bullish options flow vs bearish technicals
- Volatility and ATR considerations: Recent price action and volatility
The risk factors highlight potential concerns that could impact the stock price.
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