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Hewlett Packard Enterprise put volume heavy and directionally bearish

Bearish flow noted in Hewlett Packard Enterprise with 11,129 puts trading, or 4x expected. Most active are Mar-25 19 puts and Mar-26 18 puts, with total volume in those strikes near 10,300 contracts. The Put/Call Ratio is 1.56, while ATM IV is up nearly 2 points on the day. Earnings are expected on March 6th.

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