Shares of Energy Transfer Equity LP (ETE) are up .25 to 59.12.? ETE is trading near the top of the 52-week range.
Today paper sold 1,000 ETE May 60 calls for 1.15. ???Average volume is 721 contracts per day. ?Open interest in the calls is 2,312 contracts.
The trade went up marked as a buy-write and is consistent with a call seller.? A similar trade went up in July of the same size and strike.? There is a large dividend approaching in this name so the trade could be a dividend capture play.
30-day implied volatility is 31%.? ?10-day implied volatility is 17%.? 30-day implied volatility is trading above the 10-day historical volatility.
Energy Transfer Equity, L.P. (Energy Transfer Equity) is a limited partnership company.