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DontSlamTheDoor
Feb 11, 2022 2:33 PM

ET 15% distribution increase. LONG Long

Energy Transfer LPNYSE

Description

I've published a few ideas on Energy Transfer. Remember, this is an MLP and will require a 10-k form which can get pricey.

ET is a very liquid symbol, 50k plus contacts open currently and many more being purchased every day.

If you don't want to deal with the 10-k or don't want to hold shares of ET, a higher delta long call like $8 or $9 strike should perform in a similar fashion as owning 100 shares would.

ET has had numerous upgrades lately ~$14.00 PT
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