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HP Inc. put volume heavy and directionally bearish

Bearish flow noted in HP Inc. with 5,662 puts trading, or 4x expected. Most active are Oct-24 33 puts and Oct-24 34.5 puts, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 3.57, while ATM IV is up over 4 points on the day. Earnings are expected on November 19th.

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