Bearish flow noted in Hewlett Packard Enterprise with 8,607 puts trading, or 1.4x expected. Most active are 4/24 weekly 25.5 puts and 4/2 weekly 25.5 puts, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 1.63, while ATM IV is up over 2 points on the day. Earnings are expected on June 2nd.
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