Whales with a lot of money to spend have taken a noticeably bullish stance on EQT.
Looking at options history for EQT EQT we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 66% of the investors opened trades with bullish expectations and 33% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $398,171 and 3, calls, for a total amount of $205,062.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $33.0 to $45.0 for EQT during the past quarter.
Volume & Open Interest Trends
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 $33.0 to $45.0 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 | PUT | TRADE | BULLISH | 01/17/25 | $8.6 | $8.35 | $8.35 | $45.00 | $167.0K | 409 | 0 |
| EQT | CALL | SWEEP | BEARISH | 09/20/24 | $6.7 | $6.6 | $6.6 | $33.00 | $147.8K | 25 | 0 |
| EQT | PUT | SWEEP | BULLISH | 07/19/24 | $5.8 | $5.75 | $5.8 | $43.00 | $106.4K | 230 | 186 |
| EQT | PUT | SWEEP | BULLISH | 04/19/24 | $0.24 | $0.23 | $0.23 | $37.00 | $42.8K | 693 | 1.8K |
| EQT | CALL | TRADE | BEARISH | 01/16/26 | $9.65 | $9.55 | $9.55 | $35.00 | $28.6K | 319 | 30 |
About EQT
EQT Corp is an independent natural gas production company with operations focused in the cores of the Marcellus and Utica shales in the Appalachian Basin, located in the Eastern United States. The firm focuses on executing combo-development projects for developing multiwell pads to meet supply needs, with a focus on maximizing operational efficiency, technology, and sustainability. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has one reportable segment and its revenue stems from three types of gas reserves: natural gas, natural gas liquids, and crude oil. All of the firm's operating revenue is generated in the U.S., with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.
Having examined the options trading patterns of EQT, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
EQT's Current Market Status
- Trading volume stands at 4,195,648, with EQT's price up by 0.16%, positioned at $38.01.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 13 days.
Professional Analyst Ratings for EQT
5 market experts have recently issued ratings for this stock, with a consensus target price of $38.8.
- In a cautious move, an analyst from Mizuho downgraded its rating to Neutral, setting a price target of $39.
- Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on EQT with a target price of $35.
- An analyst from Goldman Sachs persists with their Buy rating on EQT, maintaining a target price of $43.
- Maintaining their stance, an analyst from Scotiabank continues to hold a Sector Perform rating for EQT, targeting a price of $40.
- Reflecting concerns, an analyst from JP Morgan lowers its rating to Neutral with a new price target of $37.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for EQT with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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