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HP Inc. (HPQ), the hardware company, not HP Enterprises (HPE), gave good guidance on February 28 for its FY free cash flow this fiscal year ending Oct. 31. That could push the value of HPQ stock 14% to 19.5% higher. This makes short-put plays attractive, especially for existing shareholders, as an income play. I discussed this recently in a Barchart article on Feb. 28, “Unusual Put Options Activity Today for HP Inc Ahead of Its Earnings Highlights Its Value.” At the time HPQ stock was at $28.96 and I discussed selling short the April 19 expiration $25.00 strike put options. Those puts were tra…

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