ET - Options Database

ENERGY TRANSFER L P

$20.20 +1.46%

$20.18 (-0.10%)🌙

as of 07/16 06:26 PM

(7/15 18:35) ◀

Thursday, July 16, 2026 (6:26pm)

▶ (7/17 18:29)

◀ 7/16 18:26 ▶

Option Volume

Detail

ℹ

Current (07/16) 52,520

Calls: 50,260 (96%)

Puts: 2,260 (4%)

Prior (07/15) 13,831

Calls: 11,447 (83%)

Puts: 2,384 (17%)

Current vs Prior +279.73%

Calls: +339.07% (Calls)

Puts: -5.20% (Puts)

Prior 7-Day Total 165,061

Calls: 142,490 (86%)

Puts: 22,571 (14%)

Prior 7-Day Average 23,580

Calls: 20,355 (86%)

Puts: 3,224 (14%)

Current vs Prior 7-Day Avg +122.73%

Calls: +146.91%

Puts: -29.91%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/16) $2.84M

Calls: $2.74M (97%)

Puts: $92.9K (3%)

Prior (07/15) $731.9K

Calls: $654.8K (89%)

Puts: $77.1K (11%)

Current vs Prior +287.73%

Calls: +319.19%

Puts: +20.53%

Prior 7-Day Total $9.67M

Calls: $8.41M (87%)

Puts: $1.26M (13%)

Prior 7-Day Average $1.38M

Calls: $1.20M (87%)

Puts: $180.5K (13%)

Current vs Prior 7-Day Avg +105.37%

Calls: +128.50%

Puts: -48.52%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/16) 0.04

Prior (07/15) 0.21

Current vs Prior -78.41%

Prior 7-Day Average 0.19

Current vs Prior 7-Day Avg -76.86%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/16) 687,778

Calls: 630,976 (92%)

Puts: 56,802 (8%)

Prior (07/15) 706,367

Calls: 622,146 (88%)

Puts: 84,221 (12%)

Current vs Prior -2.63%

Prior 7-Day Total 4,644,899

Calls: 4,210,495 (91%)

Puts: 434,404 (9%)

Prior 7-Day Average 663,557

Calls: 601,499 (91%)

Puts: 62,057 (9%)

Current vs Prior 7-Day Avg +3.65%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)

Current 2.48% | 3.66%2.48% | 8.81%

Prior 3.57% | 3.92%3.57% | 5.42%

Current vs Prior -30.59% | -6.49%-30.59% | +62.45%

Prior 7-Day Avg 3.22% | 4.09%3.66% | 6.67%

Current vs 7-Day Avg -23.04% | -10.49%-32.30% | +32.17%

Prior 7-Day Eod 3.57% | 3.92%3.57% | 5.42%

Current vs 7-Day Eod -30.59% | -6.49%-30.59% | +62.45%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 19.27% | 13.21%

Calls: 16.33% | 10.42%

Puts: 22.22% | 16.00%

Prior 19.27% | 13.21%

Calls: 16.33% | 10.42%

Puts: 22.22% | 16.00%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 19.27% | 13.21%

Calls: 16.33% | 10.42%

Puts: 22.22% | 16.00%

Current vs 7-Day Avg +0.00% | +0.00%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 97% of dollar volume in calls ($2.74M) vs puts ($92.9K). Massive premium surge with dollar volume up 288% vs prior. Dollar volume significantly above 7-day average (105% higher). Unusually high activity with volume up 280% vs prior - elevated interest.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 4 of results (avg 7.2%, best 6.3%)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Aug 21	2.16	2.30	$2.23	6.3%	44	1.00	1.1K
$19.00	Jul 24	1.20	1.28	$1.24	6.5%	15	0.98	2.2K
$19.00	Jul 17	1.14	1.22	$1.18	6.8%	1.2K	1.00	11.9K
$17.00	Jul 17	3.10	3.40	$3.25	9.2%	78	1.00	346

PUTS (0)

No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.31, cheapest $0.16)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Aug 21	0.15	0.18	$0.16	18.8%	326	0.23	9.3K
$20.50	Jul 31	0.18	0.20	$0.19	10.5%	374	0.35	23.3K
$20.00	Jul 17	0.22	0.25	$0.24	12.5%	18.3K	0.75	39.4K
$20.00	Aug 7	0.47	0.57	$0.52	19.2%	37	0.56	1.3K
$20.00	Aug 21	0.54	0.60	$0.57	10.5%	15.8K	0.54	13.7K

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$19.00	Aug 21	0.18	0.20	$0.19	10.5%	89	0.22	1.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 39 found (avg delta 0.82, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Jul 17	3.10	3.40	$3.25	9.2%	78	1.00	346
$18.50	Jul 17	1.60	1.79	$1.70	11.2%	6	1.00	112
$19.00	Jul 17	1.14	1.22	$1.18	6.8%	1.2K	1.00	11.9K
$19.50	Jul 17	0.61	0.90	$0.76	38.2%	423	1.00	3.6K
$18.00	Jul 24	1.71	2.35	$2.03	31.5%	1	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$22.00	Jul 24	1.70	2.32	$2.01	30.8%	1	0.98	2
$20.50	Jul 17	0.09	0.42	$0.26	126.9%	4	0.88	32
$23.00	Jul 31	2.40	3.35	$2.88	33.0%	1	0.87	--
$21.00	Aug 14	0.94	1.57	$1.25	50.4%	2	0.77	--
$21.00	Aug 7	0.86	1.24	$1.05	36.2%	15	0.77	1.4K

Most actively traded options today. High liquidity = easy entry/exit. 89 active (total vol 47.2K, top 18.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$20.00	Jul 17	0.22	0.25	$0.24	12.5%	18.3K	0.75	39.4K
$20.00	Aug 21	0.54	0.60	$0.57	10.5%	15.8K	0.54	13.7K
$20.50	Aug 28	0.30	0.38	$0.34	23.5%	2.7K	0.38	230
$19.00	Jul 17	1.14	1.22	$1.18	6.8%	1.2K	1.00	11.9K
$21.00	Jul 24	0.03	0.04	$0.04	25.0%	1.1K	0.11	5.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$20.00	Jul 17	0.03	0.06	$0.05	60.0%	357	0.26	1.9K
$18.00	Jul 31	0.00	0.08	$0.04	200.0%	160	0.06	--
$19.00	Jul 17	0.00	0.01	$0.01	100.0%	115	0.02	6.6K
$19.00	Aug 21	0.18	0.20	$0.19	10.5%	89	0.22	1.1K
$19.50	Jul 24	0.03	0.05	$0.04	50.0%	67	0.13	934

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 16 strikes (avg 136.4%, max 444.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$18.00	Jul 17	Aug 21	141.5%	26.0%	444.7%	68	2.6K
$18.50	Jul 17	Aug 28	82.4%	23.2%	255.8%	7	112
$22.00	Jul 17	Aug 28	80.3%	22.8%	251.6%	4	4
$19.00	Jul 17	Aug 21	60.3%	22.8%	164.8%	1.2K	11.9K
$21.00	Jul 17	Aug 28	41.7%	20.0%	109.1%	613	12.3K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$18.00	Jul 17	Aug 21	141.5%	26.0%	444.7%	80	1.9K
$19.00	Jul 17	Aug 21	60.3%	22.8%	164.8%	204	7.7K
$19.50	Jul 17	Aug 28	37.8%	20.7%	82.9%	22	1.2K
$20.00	Jul 17	Aug 28	28.8%	21.0%	37.0%	367	1.9K
$18.50	Jul 31	Aug 28	31.3%	23.2%	35.1%	21	3.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 28 found (best R:R 8.09, avg 2.35)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$21.00	$22.00	Aug 28	$0.11	$0.89	$0.11	8.09	$21.11
$20.50	$21.00	Jul 31	$0.11	$0.39	$0.11	3.55	$20.61
$20.50	$21.00	Aug 7	$0.13	$0.37	$0.13	2.85	$20.63
$20.50	$21.00	Aug 14	$0.13	$0.37	$0.13	2.85	$20.63
$20.50	$21.00	Aug 28	$0.14	$0.36	$0.14	2.57	$20.64

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$19.00	$18.00	Aug 21	$0.12	$0.88	$0.12	7.33	$18.88
$20.00	$19.00	Jul 31	$0.18	$0.82	$0.18	4.56	$19.82
$19.50	$18.50	Aug 28	$0.21	$0.79	$0.21	3.76	$19.29
$20.00	$19.50	Jul 24	$0.11	$0.39	$0.11	3.55	$19.89
$20.00	$19.50	Aug 7	$0.13	$0.37	$0.13	2.85	$19.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 35 found (best R:R 7.33, avg 1.27)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$18.50	$19.50	Aug 7	$0.88	$0.88	$0.12	7.33	$19.38
$19.50	$20.00	Aug 7	$0.39	$0.39	$0.11	3.55	$19.89
$19.50	$20.00	Aug 14	$0.36	$0.36	$0.14	2.57	$19.86
$19.00	$20.00	Aug 21	$0.70	$0.70	$0.30	2.33	$19.70
$20.00	$20.50	Aug 28	$0.33	$0.33	$0.17	1.94	$20.33

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$21.00	$20.50	Aug 14	$0.39	$0.39	$0.11	3.55	$20.61
$21.00	$20.50	Aug 7	$0.38	$0.38	$0.12	3.17	$20.62
$20.50	$20.00	Aug 14	$0.37	$0.37	$0.13	2.85	$20.13
$20.50	$20.00	Aug 7	$0.30	$0.30	$0.20	1.50	$20.20
$20.50	$20.00	Jul 24	$0.26	$0.26	$0.24	1.08	$20.24

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.11, cheapest $0.06)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$19.00	Jul 17	Jul 24	$0.06	60.3%	24.7%
$21.50	Jul 24	Aug 7	$0.07	25.9%	25.1%
$20.00	Jul 17	Jul 24	$0.09	28.8%	18.9%
$20.50	Jul 17	Jul 24	$0.10	25.7%	21.2%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$20.00	Jul 17	Jul 24	$0.10	28.8%	18.9%
$20.50	Jul 17	Jul 24	$0.15	25.7%	21.2%
$21.00	Aug 7	Aug 14	$0.20	22.6%	21.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 31 found (cheapest 1.39% of stock, avg 6.05%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$20.50	Jul 17	$0.02	$0.26	$0.28	$20.22	$20.78	1.39%
$20.00	Jul 17	$0.24	$0.05	$0.29	$19.71	$20.29	1.44%
$20.00	Jul 24	$0.33	$0.15	$0.48	$19.52	$20.48	2.38%
$20.50	Jul 24	$0.12	$0.41	$0.53	$19.97	$21.03	2.62%
$20.50	Jul 31	$0.19	$0.44	$0.63	$19.87	$21.13	3.12%
$20.00	Jul 31	$0.42	$0.24	$0.66	$19.34	$20.66	3.27%
$19.50	Jul 17	$0.76	$0.01	$0.77	$18.73	$20.27	3.81%
$19.50	Jul 24	$0.77	$0.04	$0.81	$18.69	$20.31	4.01%
$20.00	Aug 7	$0.52	$0.37	$0.89	$19.11	$20.89	4.41%
$20.50	Aug 7	$0.27	$0.67	$0.94	$19.56	$21.44	4.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 67 found (cheapest 0.35% of stock, avg 1.69%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$20.50	$20.00	Jul 17	$0.02	$0.05	$0.07	$19.93	$20.57
$21.00	$19.50	Jul 24	$0.04	$0.04	$0.08	$19.42	$21.08
$22.00	$18.00	Aug 7	$0.04	$0.05	$0.09	$17.91	$22.09
$22.00	$18.00	Aug 14	$0.06	$0.05	$0.11	$17.89	$22.11
$21.00	$18.00	Jul 31	$0.08	$0.04	$0.12	$17.88	$21.12
$22.00	$18.50	Aug 7	$0.04	$0.08	$0.12	$18.38	$22.12
$21.50	$18.00	Aug 14	$0.07	$0.05	$0.12	$17.88	$21.62
$21.00	$18.50	Jul 31	$0.08	$0.05	$0.13	$18.37	$21.13
$23.00	$18.00	Aug 21	$0.06	$0.07	$0.13	$17.87	$23.13
$21.00	$19.00	Jul 31	$0.08	$0.06	$0.14	$18.86	$21.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 3.55, avg credit $0.36)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
19/20	20/20	Aug 7	$0.39	$0.11	3.55	$19.11	$20.39
20/20	20/21	Aug 28	$0.37	$0.13	2.85	$19.63	$20.87
20/20	20/21	Aug 14	$0.33	$0.17	1.94	$19.67	$20.83
19/20	20/21	Aug 14	$0.29	$0.21	1.38	$19.21	$20.79
19/20	20/21	Aug 7	$0.27	$0.23	1.17	$19.23	$20.77
18/20	20/20	Aug 28	$0.54	$0.46	1.17	$18.96	$20.54
18/19	20/21	Aug 21	$0.53	$0.47	1.13	$18.47	$20.53
20/20	20/21	Aug 7	$0.26	$0.24	1.08	$19.74	$20.76
18/20	20/21	Aug 28	$0.35	$0.65	0.54	$19.15	$20.85
20/20	21/22	Aug 28	$0.34	$0.66	0.52	$19.66	$21.34

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 31 found (best R:R 11.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$21.00	$22.00	$23.00	Aug 21	$0.08	$0.92	11.50
$20.50	$21.00	$21.50	Aug 14	$0.05	$0.45	9.00
$20.50	$21.00	$21.50	Jul 24	$0.06	$0.44	7.33
$19.00	$19.50	$20.00	Aug 14	$0.06	$0.44	7.33
$21.00	$21.50	$22.00	Aug 14	$0.07	$0.43	6.14

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$17.00	$18.00	$19.00	Aug 21	$0.08	$0.92	11.50
$20.00	$20.50	$21.00	Aug 7	$0.08	$0.42	5.25
$19.00	$19.50	$20.00	Jul 24	$0.09	$0.41	4.56
$18.00	$19.00	$20.00	Aug 21	$0.18	$0.82	4.56
$18.50	$19.00	$19.50	Aug 7	$0.12	$0.38	3.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 31 found (best net $-0.31, 17 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$18.00	$19.00	1:2	Aug 21	-$0.31	$0.69
$20.50	$21.00	1:2	Aug 28	-$0.06	$0.44
$19.50	$20.00	1:2	Aug 7	-$0.13	$0.37
$19.50	$20.00	1:2	Aug 14	-$0.17	$0.33
$19.00	$19.50	1:2	Jul 24	-$0.30	$0.20

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$19.00	$18.50	1:2	Aug 7	-$0.06	$0.44
$20.50	$20.00	1:2	Aug 7	-$0.07	$0.43
$20.00	$19.50	1:2	Aug 14	-$0.09	$0.41
$20.00	$19.50	1:2	Aug 7	-$0.11	$0.39
$20.00	$19.50	1:2	Aug 28	-$0.11	$0.39

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 9 found (best yield 1.49%, avg 0.87%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$20.50	Aug 28	$0.30	0.38	1.5%	1.49%	2.97%	2.7K	230
$20.50	Aug 14	$0.24	0.36	1.5%	1.19%	2.67%	435	744
$20.50	Aug 7	$0.23	0.37	1.5%	1.14%	2.62%	613	3.3K
$20.50	Jul 31	$0.18	0.35	1.5%	0.89%	2.38%	374	23.3K
$21.00	Aug 21	$0.15	0.23	4.0%	0.74%	4.70%	326	9.3K
$21.00	Aug 28	$0.15	0.25	4.0%	0.74%	4.70%	151	67
$21.00	Aug 14	$0.13	0.22	4.0%	0.64%	4.60%	11	248
$21.00	Aug 7	$0.11	0.22	4.0%	0.54%	4.50%	73	448
$20.50	Jul 24	$0.09	0.30	1.5%	0.45%	1.93%	477	3.2K

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 50,260

Total Puts 2,260

Put/Call Ratio 0.04

Net Difference 48,000

Prior's Put/Call Breakdown

Total Calls 11,447

Total Puts 2,384

Put/Call Ratio 0.21

Net Difference 9,063

Prior 7-Day Put/Call Summary

Total Calls 142,490

Total Puts 22,571

Average Put/Call Ratio 0.19

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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