Bullish option flow detected in HP Inc. with 6,061 calls trading, 2x expected, and implied vol increasing over 1 point to 28.14%. 4/28 weekly 29.5 calls and 5/5 weekly 29 puts are the most active options, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 0.31. Earnings are expected on May 30th.
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Published first on TheFly
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