ETN options flow: unusual options activity in Eaton Corp. plc
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 68 unusual options prints in Eaton Corp. plc (ETN), $8.4M of tracked premium, close to even between bullish and bearish premium. Bullish premium was $3.4M against $3.5M bearish; $6.6M went into calls and $1.8M into puts, a put call ratio of 0.28. The largest print was $817K of ETN 16 Oct 2026 $410 calls on 24 September 2026, swept at ask. The last session with prints, 25 September 2026, added 15 prints and $1.9M of premium. ETN closed at $439.98 on 25 September 2026, unchanged.
This week's unusual flow
Prints from 21 September 2026 to 25 September 2026, 5 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 24 Sep 2026 | ETN 16 Oct 2026 $410 calls | Sweep | 250 | 602 | $817K | At ask | Neutral | Notable |
| 22 Sep 2026 | ETN 2 Oct 2026 $410 calls | Sweep | 187 | 497 | $593K | At bid | Bearish | High conviction |
| 21 Sep 2026 | ETN 19 Mar 2027 $350 calls | Sweep | 50 | 29 | $509K | At bid | Bearish | Whale |
| 21 Sep 2026 | ETN 18 Dec 2026 $520 calls | Trade | 500 | 541 | $455K | At ask | Bullish | Notable |
| 25 Sep 2026 | ETN 15 Jan 2027 $480 calls | Sweep | 215 | 854 | $455K | At bid | Bearish | High conviction |
| 25 Sep 2026 | ETN 18 Dec 2026 $430 puts | Sweep | 147 | 215 | $390K | At ask | Bearish | Whale |
| 21 Sep 2026 | ETN 21 Jan 2028 $300 calls | Trade | 20 | 67 | $333K | At ask | Bullish | Notable |
| 21 Sep 2026 | ETN 21 Jan 2028 $300 calls | Trade | 20 | 67 | $333K | At bid | Bearish | Notable |
| 21 Sep 2026 | ETN 20 Nov 2026 $440 calls | Sweep | 113 | 29 | $319K | At ask | Bullish | Whale |
| 24 Sep 2026 | ETN 18 Dec 2026 $430 puts | Sweep | 107 | 124 | $280K | At bid | Bullish | High conviction |
| 25 Sep 2026 | ETN 15 Jan 2027 $480 calls | Sweep | 113 | 854 | $246K | At ask | Bullish | Notable |
| 23 Sep 2026 | ETN 17 Jun 2027 $450 puts | Trade | 40 | 11 | $232K | At bid | Bullish | Notable |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 16 Oct 2026 | 12 | $1.5M | 90% | -$83K |
| 18 Dec 2026 | 8 | $1.4M | 42% | +$456K |
| 21 Jan 2028 | 9 | $1.3M | 100% | -$120K |
| 15 Jan 2027 | 11 | $1.2M | 78% | +$29K |
| 20 Nov 2026 | 10 | $867K | 72% | +$532K |
| 2 Oct 2026 | 6 | $809K | 100% | -$455K |
The most premium, $1.5M, is aimed at the 16 Oct 2026 expiry; the nearest expiry with unusual prints is 2 Oct 2026.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 25 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | ETN 15 Jan 2027 $480 calls | Sweep | 215 | 854 | $455K | At bid | Bearish | High conviction |
| 25 Sep 2026 | ETN 18 Dec 2026 $430 puts | Sweep | 147 | 215 | $390K | At ask | Bearish | Whale |
| 25 Sep 2026 | ETN 15 Jan 2027 $480 calls | Sweep | 113 | 854 | $246K | At ask | Bullish | Notable |
| 25 Sep 2026 | ETN 21 Jan 2028 $300 calls | Trade | 10 | 118 | $167K | At bid | Bearish | |
| 25 Sep 2026 | ETN 15 Jan 2027 $420 puts | Sweep | 55 | 1,351 | $138K | At bid | Bullish | Notable |
Every print in ETN with its full detail, the live tape, one tap filters and saved screeners: open ETN in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open ETN in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 10 firms, have a median of $495, 12.5% above the last close. The last 90 days brought 2 upgrades.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About Eaton Corp. plc
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Machinery
- Headquarters
- Dublin
- Website
- eaton.com
Eaton Corporation plc operates as a power management company worldwide. Its Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies. Its Aerospace segment offers pumps, motors, hydraulic power units, hoses and fittings, and electro-hydraulic pumps. Its Vehicle segment offers transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems.
In the same sector
Flow pages for other Industrials names in the S&P 500:
CAT Caterpillar Inc.GE General Electric Co.GEV GE Vernova Inc.RTX RTX Corp.DE Deere & Co.UNP Union Pacific Corp.BA Boeing Co.UBER Uber Technologies, Inc.
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for ETN with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open ETN in Options Sentiment Screener