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Hewlett Packard Enterprise put volume heavy and directionally bearish

Hewlett Packard Enterprise put volume heavy and directionally bearish

Bearish flow noted in Hewlett Packard Enterprise with 6,688 puts trading, or 1.6x expected. Most active are Oct-24 20 puts and 10/4 weekly 20.5 calls, with total volume in those strikes near 6,200 contracts. The Put/Call Ratio is 6.73, while ATM IV is up over 2 points on the day. Earnings are expected on December 3rd.

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