Bearish flow noted in HP Inc. (HPQ) with 18,465 puts trading, or 2x expected. Most active are Feb-26 21 puts and Feb-26 20 puts, with total volume in those strikes near 11,200 contracts. The Put/Call Ratio is 2.48, while ATM IV is up over 1 point on the day. Earnings are expected on February 26th.
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