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Stock Traders Purchase Large Volume of Enterprise Products Partners Call Options (NYSE:EPD)
Stock traders recently executed an unusually large volume of call options for Enterprise Products Partners (NYSE:EPD), indicating significant short-term bullish sentiment. This surge in options trading occurred despite the company missing Q1 earnings estimates, though it recently declared a quarterly dividend of $0.55 per share. Analysts largely maintain a “Moderate Buy” rating for EPD, with several increasing their price targets.