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EQT Corporation put volume heavy and directionally bearish

Bearish flow noted in EQT Corporation with 1,690 puts trading, or 2x expected. Most active are Aug-24 37 puts and Jan-25 33 calls, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.49, while ATM IV is up over 2 points on the day. Earnings are expected on July 23rd.

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