Pulling Premium From HPQ Options Before Earnings

HPQ trades at 22.91 with earnings in 5 days.

Here is the put write: SELL -1 HPQ 19 Dec 25 21.0 PUT Contract @0.6 LMT

If the stock closes above 21 on expiration, keep the premium.

If the stock closes below 21 on expiration, keep the premium and be assigned 100 shares at 21, putting cost basis at 20.4.

HP prepares Q4 results with AI PCs and gaming gear boosting momentum amid printing pressures.

Aceso Interactive partners with HP for patient engagement solutions.

Trade stats show IV at 47.24 and Delta at -0.27.

Read the full article for the rest of today's put writes.