Bearish Options Activity in HP, Inc. (HPQ) Targets Downside in Shares Following Weak Earnings Report This Week -Susquehanna

Susquehanna options strategist Alison Edwards notes put buying activity in HP, Inc. (NYSE: HPQ), as an opening investor bought 4k Jan2021 18 Puts for $2.20, dn. The investor expresses a bearish sentiment and suggests the stock has an increased probability to trade below $18 (-9.5%) over the next two years.

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