Trade ideas

Today’s trade idea for option traders: HP Inc. (trade closed)

trade idea for option traders

Who doesn’t know HP? Originally, one of the early Silicon Valley stocks, the shares of this company continue to underperform the overall technology sector. Although company’s approx. 3% dividend yield is enticing, long-term investors should understand the risks before buying shares of HP. For the glorious growing days of this original tech company actually are gone, at least at the moment. Results of efforts to establish a profitable 3D printing branch are not to be expected soon. But as options traders are usually short-term oriented, there is gathering a momentum in this stock which provides a trade opportunity on HP. So read on, folks.