Bearish flow noted in HP Inc. with 3,148 puts trading, or 1.2x expected. Most active are 10/11 weekly 35.5 puts and Oct-24 35 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 3.13, while ATM IV is up over 1 point on the day. Earnings are expected on November 19th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HPQ:
- HP Inc. put volume heavy and directionally bearish
- Meta, Alphabet initiated: Wall Street’s top analyst calls
- HP Inc. downgraded to Neutral from Buy at Citi
- Costco reports Q4 earnings beat, Cassava to settle SEC charges: Morning Buzz
- Wynn Resorts upgraded, HP Inc. downgraded: Wall Street’s top analyst calls