Hewlett Packard Enterprise Options Traded by Market Heavyweights

Market Whales and Their Recent Bets on HPE Options

A group of market whales, also known as institutional traders, have been making significant bets on Hewlett Packard Enterprise Company (HPE) options in recent weeks. According to data from Benzinga Pro, these traders have been increasing their exposure to HPE options, suggesting a possible uptrend in the company's stock.

HPE, a leading provider of enterprise technology solutions, has been a popular target for market whales in the past. In recent weeks, these traders have been buying up calls and puts on the company's options, indicating a bullish sentiment towards the stock.

One notable trade saw a market whale purchase 5,000 HPE April 30 calls at a strike price of $25. This trade represents a significant bet on the company's stock, with the trader potentially standing to gain $125,000 if the stock price reaches the strike price by the expiration date.

Another market whale was seen buying 10,000 HPE April 30 puts at a strike price of $20. This trade suggests that the trader is bearish on the company's stock, expecting it to fall below the strike price by the expiration date.

Market whales are known for their significant trading volumes and their ability to move markets. Their recent bets on HPE options suggest that they are expecting the company's stock to make a significant move in the coming weeks.

It's worth noting that options trading involves risk and is not suitable for all investors. It's important for investors to do their own research and consider their own risk tolerance before making any trades.

HPE's stock has been trading in a tight range over the past few months, but market whales' recent bets on the company's options suggest that they are expecting a breakout in the coming weeks. Investors who are bullish on the company's stock may want to consider buying calls on HPE options, while those who are bearish may want to consider buying puts.