Bearish flow noted in HP Inc. with 8,091 puts trading, or 6x expected. Most active are 3/1 weekly 28 puts and 3/8 weekly 27.5 puts, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 3.38, while ATM IV is up over 2 points on the day. Earnings are expected on February 28th.
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