EPD January 39 calls: small post-earnings upside

Buy January $39 calls in small size. The contract drew $145K of trading, including $92K bought at the ask; March $40 calls also attracted $101K of buying across two sessions. Most of today's price drop reflects the cash distribution, while the weekly uptrend remains intact after earnings. A stalled recovery or renewed energy weakness could consume the premium.

• EPD, long call, 3-8 weeks, opened Oct 30, 2026.

Updated 2026-11-02 17:48 UTC