Leaps on $ET, Potential 10 bagger as Oil Surges (DD)
Posted: Apr 08, 2024
- $ET (Energy Transfer) leaps are currently cheap - Oil prices have been increasing - Tickers like $PAA have seen big gains in leap options - $ET is a diversified midstream energy company with growth potential - The US is the largest oil producer and demand is increasing, benefiting companies like $ET - Premiums for $ET leaps are low right now - There is potential for significant short-term and long-term profits in the oil sector - Consider following the play on $PAA and looking into $EPD - Author is in for 120 contracts at $0.12 for 1/17/25 and considering adding 1/26 leaps.
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