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EQT Corporation put volume heavy and directionally bearish

Bearish flow noted in EQT Corporation with 5,640 puts trading, or 3x expected. Most active are Dec-23 33 puts and Jan-25 40 puts, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 2.84, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 14th.

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