Apr. 21 at 7:18 PM
What's driving
$HPQ up over 8% today with no clear news?
Options traders are jumping in hard with call exposure
Seeing all six trades as ask-side call sweeps, totaling about 9.7k contracts and
$0.5M in premium makes this a short term breakout play
Volume's 2.6x normal on InsiderFinance, signaling a strong momentum-following vibe
Defined risk bullish setups are the name of the game here
Momentum's the play, fading feels off with this flow