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Mark R. Hake, CFA

HP Inc. Has Unusual Call Options Volume Today - Investors Bullish on HPQ Stock

HPQ HP Inc. ( Nvidia NTM

HP Inc. (HPQ) reported strong revenue and free cash flow last week and announced a new AI-compatible PC product line today with Nvidia (NVDA). This is making investors bullish on HPQ stock, spurring huge, unusual call option volume.

HPQ is up over 7% today at $29.33 in midday trading after today's news. The stock has risen over 40% since May 14, when it closed at $20.77, before its May 27 fiscal Q2 earnings release.

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