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Hewlett-Packard Co.
(HPQ:
sentiment,
chart,
options)
has seen some unusual call activity today. The stock's August 42.50 strike has seen more than 11,000 calls change hands, compared to open interest of only 9,751 contracts. The majority of this volume traded in two large blocks, totaling 10,000 contracts, on the NYSE Arca at 12:37 p.m. Eastern time. The blocks changed hands for the bid price of $0.50, indicating that they were sold to open, and were marked "spread."
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