ApexVol
Energy Energy Live Data Updated 2026-03-01

ET Options

Energy Transfer LP Options Chain, Implied Volatility & Greeks

Comprehensive options market data for Energy Transfer LP (ET). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.

ET Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 18% - 40%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Good
IV Range
18% - 40%
Market Cap
$50B+
Weeklies
Yes

1 About Energy Transfer LP (ET)

Energy Transfer operates one of the largest and most diversified portfolios of energy assets in the U.S., spanning natural gas, crude oil, NGL, and refined product pipelines.

Company Profile

Sector Energy
Industry Oil & Gas Midstream
Market Cap $50B+
Exchange NYSE

Key Dates

Next Earnings See earnings calendar
Earnings Frequency Quarterly
Dividend Schedule See company page
Fiscal Year End December

Energy Transfer LP operates in the Energy sector.

2 ET Options Market Overview

ET options provide good liquidity for options traders.

Average Daily Volume N/A
Total Open Interest N/A
Put/Call Ratio N/A
Typical ATM Spread N/A
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Good

ET options are available for trading across multiple expirations.

3 ET Volatility Profile

ET implied volatility is influenced by commodity prices, OPEC decisions, and geopolitical events. Energy stocks see elevated volatility during oil price instability.

Low IV Environment
18% - 23%
Below average volatility
Typical IV Range
23% - 34%
Normal conditions
Elevated IV
34% - 40%
Above average volatility

Earnings Impact

IV typically expands before earnings and contracts after the announcement.

Historical Volatility vs IV

ET IV generally trades near historical volatility, with premiums expanding around earnings.

Term Structure

Typically upward sloping under normal conditions.

View ET Volatility Lab

ET Gamma Exposure (GEX)

Gamma Exposure analysis for ET reveals dealer hedging dynamics at key strike levels.

Typical GEX Profile: ET tends to operate in a positive gamma environment during normal conditions.

Key Levels:

Dealer Hedging:

View Live ET GEX

4 Common ET Options Strategies

These are strategies commonly used by traders on ET options, based on typical market characteristics. This is not investment advice.

Popular for ET shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on ET.

Range-bound strategy for ET between events.

Key Considerations for ET Options

  • ET options liquidity varies by expiration - prefer near-term and monthly expirations for tighter spreads
  • Monitor earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing positions

Frequently Asked Questions: ET Options

What is ET's typical implied volatility?

ET implied volatility typically ranges from 18% - 40%.

Does ET have weekly options?

ET offers weekly options.

Explore ET Options Data

Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.