Shares of EQT Corp. (EQT) are up .05 to 107.40 today.? ?EQT is trading near the top of the 52 week range.
Today paper traded 1000 EQT Jan 2015 120 calls for 3.10. ?The ADV is 1393. ?The OI is 4195 contracts.
The volume went up in one block mid market.? Volume on this strike is over 3600 contracts with a 3.10 posted bid getting filled throughout the day.? If this is a short call closing it is a bit early in the cycle for a buy writer.? Most likely this is more buying volume but check the OI tomorrow.? An early buy write close usually means the stock holder is looking for? a bigger run.
30-day implied volatility is 22%.?? 10-day implied volatility is 18%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
EQT Corporation (EQT) conducts its business through three business segments: EQT Production, EQT Midstream and Distribution. EQT Production is a natural gas producer in the Appalachian Basin with 5.4 trillion cubic feet equivalent of proved reserves across 3.5 million acres, as of December 31, 2011. EQT Midstream provides gathering, transmission and storage services for the Company?s produced gas and to independent third parties in the Appalachian Basin.