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Hewlett Packard Enterprise put volume heavy and directionally bearish

Bearish flow noted in Hewlett Packard Enterprise with 19,607 puts trading, or 35x expected. Most active are Dec-23 13 puts and Oct-23 18 calls, with total volume in those strikes near 19,800 contracts. The Put/Call Ratio is 12.43, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 29th.

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