EQT Corp. (EQT) is up .38 to 109.34 today.? EQT is trading at the upper end of the 52 week range.
Today paper traded 2532 May 110 calls for 1.65. The ADV is 1017 contracts.? The OI is 3812 contracts.
The volume went up in two blocks.? Subsequent volume traded mostly on the buy side with 5186 contracts trading hands as of this writing.? Call buyers, possibly newsletter, are betting on a strong earnings report.
30-day implied volatility is 29%.?? 10-day implied volatility is 22%.? 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.