Behind the Scenes of EQT's Latest Options Trends

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Investors with a lot of money to spend have taken a bullish stance on EQT EQT.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with EQT, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 9 uncommon options trades for EQT.

This isn't normal.

The overall sentiment of these big-money traders is split between 55% bullish and 33%, bearish.

Out of all of the special options we uncovered, 4 are puts, for a total amount of $499,430, and 5 are calls, for a total amount of $248,733.

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 $35.0 to $60.0 for EQT during the past quarter.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $35.0 to $60.0 in the last 30 days.

EQT Call and Put Volume: 30-Day Overview

Options Call Chart

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 SWEEP BULLISH 03/21/25 $7.25 $7.2 $7.2 $60.00 $185.7K 16 259
EQT PUT SWEEP BULLISH 02/21/25 $4.25 $4.15 $4.15 $57.00 $124.0K 22 300
EQT PUT SWEEP BULLISH 02/21/25 $4.25 $4.1 $4.15 $57.00 $112.8K 22 573
EQT PUT SWEEP BULLISH 03/21/25 $7.2 $7.1 $7.1 $60.00 $76.6K 16 398
EQT CALL TRADE BEARISH 02/21/25 $1.53 $1.5 $1.5 $55.00 $74.8K 3.8K 1.0K

About EQT

EQT is an independent natural gas production company. It focuses its operations in the cores of the Marcellus and Utica shales, located in the Appalachian Basin in the Eastern United States. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has three reportable segments in production, gathering, and the transmission segment, which is now an operated joint venture with Blackstone. All the firm's operating revenue is generated in the US, with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.

Current Position of EQT

  • Trading volume stands at 1,363,293, with EQT's price up by 0.24%, positioned at $53.71.
  • RSI indicators show the stock to be may be overbought.
  • Earnings announcement expected in 25 days.

What The Experts Say On EQT

In the last month, 5 experts released ratings on this stock with an average target price of $56.8.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on EQT with a target price of $56. * An analyst from Bernstein has elevated its stance to Outperform, setting a new price target at $73. * An analyst from Wells Fargo has decided to maintain their Overweight rating on EQT, which currently sits at a price target of $53. * Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for EQT, targeting a price of $53. * An analyst from RBC Capital has revised its rating downward to Sector Perform, adjusting the price target to $49.

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.

Overview Rating:
Speculative
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Technicals Analysis
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Financials Analysis
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Market News and Data brought to you by Benzinga APIs
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