Bearish flow noted in HP Inc. (HPQ) with 2,924 puts trading, or 3x expected. Most active are Sep-25 22 puts and Dec-25 27 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 6.86, while ATM IV is up over 1 point on the day. Earnings are expected on May 28th.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HPQ:
- Nvidia (NVDA) Expands Beyond Big Tech: Billion-Dollar Saudi Deal Kicks Off Global AI Play
- HP Inc. price target raised to $29 from $25 at Citi
- HP Inc. Completes $1 Billion Notes Offering to Bolster Financial Strategy
- HP Inc. price target lowered to $29 from $40 at JPMorgan
- HP Inc. price target lowered to $25 from $36.50 at Citi