Bearish flow noted in HP Inc. with 2,126 puts trading, or 1.0x expected. Most active are Oct-24 34 puts and 8/9 weekly 41 calls, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 1 point on the day. Earnings are expected on August 27th.
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