Bearish flow noted in Hewlett Packard Enterprise with 6,351 puts trading, or 1.6x expected. Most active are May-26 25 puts and Apr-26 23 puts, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 1.57, while ATM IV is up over 2 points on the day. Earnings are expected on June 2nd.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HPE:
- HPE downgraded to Outperform from Strong Buy at Raymond James
- Hewlett Packard Enterprise Shareholders Approve Expanded Equity Plan
- Cisco Stock (CSCO) Wobbles after Reports of Cyberattack Linked to Recent Trivy Breach
- HPE initiated with a Buy at Truist
- Schlumberger, Diamondback, HPE, Grab, Seagate: Insider Shake-Up