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EQT Corporation put volume heavy and directionally bearish

Bearish flow noted in EQT Corporation with 4,833 puts trading, or 1.6x expected. Most active are Mar-23 29 puts and Feb-23 28 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 1.54, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 15th.

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