HP Inc. (HPQ) Sees Notable Put Buying - Susquehanna
Get Alerts HPQ Hot Sheet
Price: $29.83 -0.37%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4%
Revenue Growth %: +2.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4%
Revenue Growth %: +2.9%
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Susquehanna options strategist Alison Edwards notes put buying HP Inc. (NYSE: HPQ).
"An opening investor in HP Inc. bought 10k Aug12 31.5 (.28d) puts for $0.35, opening exposure to a move 4% lower," Edwards comments. "The trading is notably not expected to capture earnings, which are not expected until later in the month (Bloomberg est. 8/26). The volume is notable compared to an ADV of 16k contracts."
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