Bearish flow noted in HP Inc. with 1,082 puts trading, or 1.2x expected. Most active are 4/26 weekly 27.5 puts and Sep-24 25 puts, with total volume in those strikes near 890 contracts. The Put/Call Ratio is 2.72, while ATM IV is up over 1 point on the day. Earnings are expected on May 28th.
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