Energy Transfer (ET) Options Chain

TXSE: ETEnergyOil & Gas MidstreamUSD

20.41-0.21 (-1.02%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jun 17, 2027
Days to expiration: 249
Share price: $20.41
Put/call ratio (OI): 0.19
Put/call ratio (volume): 0.03
ATM implied volatility: 23.4%
Expected move: ±$3.94
Open interest (C / P): 13.02K / 2.47K

ET options summary

The ET options chain for the June 17, 2027 expiration lists 14 call and 13 put contracts, with 249 days until expiration. Open interest stands at 13,016 calls and 2,466 puts, a put/call ratio of 0.19, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $20.00 strike is 23.4%, which implies the market expects a move of about ±$3.94 (19.3%) in Energy Transfer stock by expiration.

The most open interest sits at the $20.00 call (6.05K contracts) and the $20.00 put (1.96K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

ET options chain · June 17, 2027

ET calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	10.00	0.00	0.21	0.04	50.4%	—	1
0	1	54.1%	8.00	6.95	8.00	13.00	0.00	0.12	0.12	35.0%	1	23
—	—	—	—	—	—	14.00	—	—	0.15	—	—	—
0	60	—	6.05	0.00	0.00	15.00	0.02	0.25	0.20	31.0%	10	81
369	2	31.5%	3.35	3.40	4.10	17.00	0.29	0.39	0.32	24.8%	1	254
—	—	—	—	—	—	18.00	0.30	0.74	0.65	26.5%	5	6
19	2	26.1%	1.81	1.80	2.49	19.00	0.76	0.97	0.81	24.3%	4	14
6,048	4	23.2%	1.43	1.30	1.76	20.00	0.92	1.37	1.15	23.5%	10	1,958
ET $20.41
703	171	20.1%	0.97	0.86	1.10	21.00	1.46	1.94	1.90	23.9%	20	60
1,860	1,468	19.6%	0.67	0.59	0.72	22.00	2.03	2.70	2.87	25.7%	6	63
40	4	19.8%	0.36	0.36	0.48	23.00	3.05	3.40	3.63	25.5%	—	6
3	1	23.2%	0.26	0.09	0.47	24.00	—	—	—	—	—	—
552	1	24.0%	0.20	0.10	0.36	25.00	0.00	0.00	4.72	—	—	0
—	—	—	0.13	—	—	26.00	—	—	—	—	—	—
2,728	2	28.0%	0.12	0.01	0.30	27.00	—	—	—	—	—	—
1	—	30.4%	0.18	0.01	0.30	28.00	—	—	—	—	—	—
693	10	25.5%	0.01	0.01	0.07	30.00	—	—	9.60	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the ET put/call ratio?

For the June 17, 2027 expiration, the ET put/call ratio based on open interest is 0.19 (2,466 puts vs 13,016 calls), and 0.03 based on today's volume. A ratio above 1 means more puts than calls.

What is ET's implied volatility?

At-the-money implied volatility for ET options expiring June 17, 2027 is about 23.4%, an annualized estimate of how much the market expects Energy Transfer stock to move.

How many ET option expiration dates are there?

ET has 14 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.