Smart Money Is Betting Big In EQT Options
Financial giants have made a conspicuous bullish move on EQT. Our analysis of options history for EQT EQT revealed 9 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $139,334, and 7 were calls, valued at $434,510.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $30.0 to $50.0 for EQT during the past quarter.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for EQT’s options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of EQT’s whale trades within a strike price range from $30.0 to $50.0 in the last 30 days.
EQT Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EQT | CALL | SWEEP | NEUTRAL | 12/20/24 | $0.85 | $0.68 | $0.75 | $50.00 | $112.5K | 2.5K | 517 |
| EQT | PUT | SWEEP | BEARISH | 12/20/24 | $0.26 | $0.25 | $0.26 | $43.00 | $107.6K | 1.4K | 4.0K |
| EQT | CALL | SWEEP | BEARISH | 03/21/25 | $4.75 | $4.65 | $4.65 | $46.00 | $106.9K | 1.5K | 232 |
| EQT | CALL | SWEEP | BULLISH | 06/20/25 | $8.3 | $8.0 | $8.19 | $43.00 | $73.7K | 132 | 11 |
| EQT | CALL | TRADE | BULLISH | 01/17/25 | $2.51 | $2.39 | $2.51 | $47.00 | $50.1K | 1.6K | 220 |
About EQT
EQT Corp is an independent natural gas production company with operations focused in the Marcellus and Utica shale plays in the Appalachian Basin. At year-end 2023, EQT’s proven reserves totaled 27.6 trillion cubic feet equivalent, with net production of 5.79 billion cubic feet equivalent per day. Natural gas accounted for 94% of production.
Where Is EQT Standing Right Now?
- Trading volume stands at 8,088,543, with EQT’s price up by 1.07%, positioned at $46.41.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 78 days.
What Analysts Are Saying About EQT
5 market experts have recently issued ratings for this stock, with a consensus target price of $42.2.
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* Consistent in their evaluation, an analyst from Stephens & Co. keeps a Equal-Weight rating on EQT with a target price of $38.
* Consistent in their evaluation, an analyst from Mizuho keeps a Neutral rating on EQT with a target price of $45.
* Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on EQT with a target price of $52.
* Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for EQT, targeting a price of $42.
* Maintaining their stance, an analyst from Piper Sandler continues to hold a Neutral rating for EQT, targeting a price of $34.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for EQT, Benzinga Pro gives you real-time options trades alerts.
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