Bearish flow noted in HP Inc. (HPQ) with 8,235 puts trading, or 3x expected. Most active are Feb-26 22 puts and Feb-26 21 puts, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 12.11, while ATM IV is up over 1 point on the day. Earnings are expected on February 26th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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
- HP’s Hold Rating: Balancing Rising Memory Costs and Strategic Restructuring
- The Week That Was, The Week Ahead: Macro & Markets, Dec. 7
- HP’s Strategic Cost Management and Restructuring Initiatives Justify Hold Rating Amid Rising Memory Costs
- HP Inc. call volume above normal and directionally bullish