Smart Money Is Betting Big In EQT Options

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Financial giants have made a conspicuous bullish move on EQT. Our analysis of options history for EQT EQT revealed 20 unusual trades.

Delving into the details, we found 60% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $226,783, and 18 were calls, valued at $1,208,348.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $45.0 and $65.0 for EQT, spanning the last three months.

Volume & Open Interest Development

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 $45.0 to $65.0 in the last 30 days.

EQT Option Activity Analysis: Last 30 Days

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
EQT CALL SWEEP BULLISH 03/21/25 $3.3 $3.25 $3.3 $50.00 $334.9K 28.9K 1.6K
EQT CALL SWEEP BEARISH 02/21/25 $6.0 $5.7 $5.9 $45.00 $176.5K 2.2K 1.0K
EQT PUT SWEEP BEARISH 06/20/25 $14.8 $14.7 $14.8 $65.00 $127.2K 0 0
EQT PUT SWEEP BEARISH 06/20/25 $14.85 $14.7 $14.85 $65.00 $99.4K 0 87
EQT CALL SWEEP BULLISH 02/21/25 $6.0 $5.9 $6.0 $45.00 $99.0K 2.2K 553

About EQT

EQT Corp is an independent natural gas production company with operations focused in the Marcellus and Utica shale plays in the Appalachian Basin. At year-end 2023, EQT's proven reserves totaled 27.6 trillion cubic feet equivalent, with net production of 5.79 billion cubic feet equivalent per day. Natural gas accounted for 94% of production.

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

  • Currently trading with a volume of 2,299,978, the EQT's price is up by 1.28%, now at $50.72.
  • RSI readings suggest the stock is currently may be overbought.
  • Anticipated earnings release is in 35 days.

Expert Opinions on EQT

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $54.0.

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. * An analyst from Mizuho upgraded its action to Outperform with a price target of $57. * An analyst from RBC Capital downgraded its action to Sector Perform with a price target of $49. * An analyst from Truist Securities persists with their Hold rating on EQT, maintaining a target price of $56. * Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on EQT with a target price of $53. * Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on EQT with a target price of $55.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest EQT options trades with real-time alerts from Benzinga Pro.

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