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EQT Corporation put volume heavy and directionally bearish

Bearish flow noted in EQT Corporation with 2,394 puts trading, or 1.7x expected. Most active are Jan-24 41 puts and Jan-24 38 puts, with total volume in those strikes near 730 contracts. The Put/Call Ratio is 1.64, while ATM IV is up over 1 point on the day. Earnings are expected on October 24th.

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