Bearish flow noted in Hewlett Packard Enterprise with 8,124 puts trading, or 11x expected. Most active are Sep-25 15 puts and May-25 20 puts, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 3.72, while ATM IV is up over 2 points on the day. Earnings are expected on March 6th.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HPE:
- Hewlett-Packard Enterprise (NYSE:HPE) CEO Calls Out AI Advancement
- Hewlett Packard Enterprise call volume above normal and directionally bullish
- Hewlett Packard Enterprise Declares Series C Dividend
- HP Enterprise beat Dell, Supermicro for $1B X deal, Bloomberg says
- HP Enterprise jumps 1% to $22.35 after Bloomberg report of X deal