Bearish flow noted in HP Inc. (HPQ) with 2,649 puts trading, or 2.0x expected. Most active are 11/28 weekly 24 puts and Jan-26 22 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 2.06, while ATM IV is up over 3 points on the day. Earnings are expected on November 25th.
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