ET251017C00010000 Option on Energy Transfer LP

ET Stock  USD 17.24  0.23  1.32%   
ET251017C00010000 is a PUT option contract on Energy Transfer's common stock with a strick price of 10.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at a bid price of $7.2, and an ask price of $7.55. The implied volatility as of the 22nd of July is 87.0.
When exercised, put options on Energy Transfer produce a short position in Energy Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Energy Transfer's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Energy Transfer LP will have an average daily up or down price movement of about 0.0528% per day over the life of the option. With Energy Transfer trading at USD 17.24, that is roughly USD 0.009106. If you think that the market is fully understating Energy Transfer's daily price movement you should consider buying Energy Transfer LP options at that current volatility level of 0.85%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Energy Transfer

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Energy Transfer positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Energy Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameET251017C00010000
Expires On2025-10-17
Days Before Expriration87
Delta0.936584
Vega0.009457
Gamma0.016851
Theoretical Value7.38
Open Interest15
Strike Price10.0
Last Traded At8.0
Current Price Spread7.2 | 7.55
Rule 16 Daily Up or DownUSD 0.009106

Energy short PUT Option Greeks

Energy Transfer's Option Greeks for the contract ending on 2025-10-17 at a strike price of 10.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Energy Transfer's option greeks, its implied volatility helps estimate the risk of Energy Transfer stock implied by the prices of the options on Energy Transfer's stock.
Delta0.936584
Gamma0.016851
Theta-0.003634
Vega0.009457
Rho0.010322

Energy long PUT Option Payoff at expiration

Put options written on Energy Transfer grant holders of the option the right to sell a specified amount of Energy Transfer at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Energy Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Energy Transfer is like buying insurance aginst Energy Transfer's downside shift.
   Profit   
       Energy Transfer Price At Expiration  

Energy short PUT Option Payoff at expiration

By selling Energy Transfer's put option, the investors signal their bearish sentiment. A short position in a put option written on Energy Transfer will generally make money when the underlying price is above the strike price. Therefore Energy Transfer's put payoff at expiration depends on where the Energy Stock price is relative to the put option strike price. The breakeven price of 17.38 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Energy Transfer's price. Finally, at the strike price of 10.0, the payoff chart is constant and positive.
   Profit   
       Energy Transfer Price At Expiration  
View All Energy Transfer Options

Energy Transfer LP Available Call Options

Energy Transfer's option chain is a display of a range of information that helps investors for ways to trade options on Energy. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Energy. It also shows strike prices and maturity days for a Energy Transfer against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
ET251017C000350003035.00.0 - 0.050.01Out
Call
ET251017C00030000030.00.0 - 0.750.75Out
Call
ET251017C00028000028.00.0 - 0.750.75Out
Call
ET251017C00027000027.00.0 - 0.750.75Out
Call
ET251017C00026000926.00.0 - 0.50.5Out
Call
ET251017C0002500012925.00.0 - 0.260.05Out
Call
ET251017C0002400011724.00.0 - 0.270.27Out
Call
ET251017C0002300017423.00.0 - 0.10.07Out
Call
ET251017C0002200066122.00.01 - 0.050.02Out
Call
ET251017C000210001131721.00.01 - 0.060.03Out
Call
ET251017C00020000289320.00.05 - 0.060.05Out
Call
ET251017C00019000640819.00.12 - 0.130.13Out
Call
ET251017C00018000383118.00.31 - 0.350.35Out
Call
ET251017C00017000247317.00.74 - 0.80.77In
Call
ET251017C0001600039016.01.39 - 1.481.5In
Call
ET251017C0001500012315.02.27 - 2.412.29In
Call
ET251017C000140008014.03.25 - 3.353.57In
Call
ET251017C000130002013.04.2 - 4.354.96In
Call
ET251017C00012000512.05.2 - 5.35.53In
Call
ET251017C0001100014511.06.05 - 6.356.6In
Call
ET251017C000100001510.07.2 - 7.558.0In

Energy Transfer Corporate Directors

Steven AndersonIndependent Director of LE GP LLCProfile
Richard BrannonIndependent Director of LE GP, LLCProfile
Matthew RamseyChief Operating Officer, Director of LE GP, LLCProfile
Ray DavisDirector of LE GP LLCProfile

Additional Tools for Energy Stock Analysis

When running Energy Transfer's price analysis, check to measure Energy Transfer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Transfer is operating at the current time. Most of Energy Transfer's value examination focuses on studying past and present price action to predict the probability of Energy Transfer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Transfer's price. Additionally, you may evaluate how the addition of Energy Transfer to your portfolios can decrease your overall portfolio volatility.