Bearish flow noted in EQT Corporation with 10,197 puts trading, or 4x expected. Most active are Dec-22 35 puts and 11/11 weekly 41 puts, with total volume in those strikes near 9,000 contracts. The Put/Call Ratio is 3.59, while ATM IV is up over 1 point on the day. Earnings are expected on February 8th.
Published first on TheFly
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