Bearish flow noted in HP Inc. (HPQ) with 3,784 puts trading, or 1.9x expected. Most active are Sep-25 27 puts and 8/29 weekly 26 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 3.30, while ATM IV is up over 5 points on the day. Earnings are expected on August 27th.
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