Bullish option flow detected in Macy’s with 11,511 calls trading, 1.2x expected, and implied vol increasing almost 4 points to 57.15%. Feb-24 16 calls and 2/2 weekly 19 calls are the most active options, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 0.30. Earnings are expected on March 7th.
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