HP Inc. Has Unusual Put Option Activity - A 7.4% Short-Put Yield - But Is It a Trap?

HP Inc. (HPQ) is showing unusual put option activity with a 7.4% short-put yield, two weeks before its Q2 earnings report. Despite HPQ's recent price rise, analysts have lower price targets due to concerns over high chip prices affecting demand and projected revenue/EPS declines. The article warns investors that the high yield might be a "yield trap," suggesting caution and advising to wait until after the earnings report before shorting puts.