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EQT Corporation put volume heavy and directionally bearish

Bearish flow noted in EQT Corporation (EQT) with 3,867 puts trading, or 1.3x expected. Most active are Dec-25 50 puts and Nov-25 45 puts, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 1 point on the day. Earnings are expected on October 21st.

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