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

Unusual prints68
Tracked premium$8.4M
Net premium-$131K
Bullish premium$3.4M
Bearish premium$3.5M
Call premium$6.6M
Put premium$1.8M
P/C ratio0.28
Sweeps43%
Size over OI17
Whale prints3
High conviction7

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

DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
24 Sep 2026ETN 16 Oct 2026 $410 callsSweep250602$817KAt askNeutralNotable
22 Sep 2026ETN 2 Oct 2026 $410 callsSweep187497$593KAt bidBearishHigh conviction
21 Sep 2026ETN 19 Mar 2027 $350 callsSweep5029$509KAt bidBearishWhale
21 Sep 2026ETN 18 Dec 2026 $520 callsTrade500541$455KAt askBullishNotable
25 Sep 2026ETN 15 Jan 2027 $480 callsSweep215854$455KAt bidBearishHigh conviction
25 Sep 2026ETN 18 Dec 2026 $430 putsSweep147215$390KAt askBearishWhale
21 Sep 2026ETN 21 Jan 2028 $300 callsTrade2067$333KAt askBullishNotable
21 Sep 2026ETN 21 Jan 2028 $300 callsTrade2067$333KAt bidBearishNotable
21 Sep 2026ETN 20 Nov 2026 $440 callsSweep11329$319KAt askBullishWhale
24 Sep 2026ETN 18 Dec 2026 $430 putsSweep107124$280KAt bidBullishHigh conviction
25 Sep 2026ETN 15 Jan 2027 $480 callsSweep113854$246KAt askBullishNotable
23 Sep 2026ETN 17 Jun 2027 $450 putsTrade4011$232KAt bidBullishNotable

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

ExpiryPrintsPremiumCalls shareNet premium
16 Oct 202612$1.5M90%-$83K
18 Dec 20268$1.4M42%+$456K
21 Jan 20289$1.3M100%-$120K
15 Jan 202711$1.2M78%+$29K
20 Nov 202610$867K72%+$532K
2 Oct 20266$809K100%-$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

Prints15
Premium$1.9M
Net premium-$561K
P/C ratio0.51
Sweeps53%
DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
25 Sep 2026ETN 15 Jan 2027 $480 callsSweep215854$455KAt bidBearishHigh conviction
25 Sep 2026ETN 18 Dec 2026 $430 putsSweep147215$390KAt askBearishWhale
25 Sep 2026ETN 15 Jan 2027 $480 callsSweep113854$246KAt askBullishNotable
25 Sep 2026ETN 21 Jan 2028 $300 callsTrade10118$167KAt bidBearish
25 Sep 2026ETN 15 Jan 2027 $420 putsSweep551,351$138KAt bidBullishNotable

Every print in ETN with its full detail, the live tape, one tap filters and saved screeners: open ETN in Options Sentiment Screener.

Price

Last close$439.98
Day-0.00%
1 week+3.58%
1 month+4.90%
3 months+9.26%
1 year+18.21%
52 week high$478.00
52 week low$311.92
Volume1,417,018
Market cap$170.9B

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

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