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HP Inc. put volume heavy and directionally bearish

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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