Shares of EQT Corporation are up 1.06 to 96.32 today. EQT is in the middle of the 52 week range.
Today paper traded 1275 EQT Sep 90 put and Sep 105 calls for 8.40.? The ADV is 831 contracts.? The OI is less than 200 contracts.
The volume went two blocks on the AMEX.? The trade occurred just on and near the offers which most likely makes this a rare straight strangle purchase.? The buyer is looking for some big movement between now and September.? The 180 day IV is at the lower end of the range so the purchase looks decent.
30-day implied volatility is 25%.?? 10-day implied volatility is 28%.? 30-day implied volatility is trading below the 10-day historical volatility.
EQT Corporation (EQT) conducts its business through three business segments: EQT Production, EQT Midstream and Distribution.?