Bullish option flow detected in Macy’s with 15,804 calls trading, 5x expected, and implied vol increasing over 7 points to 49.16%. Mar-24 21.5 calls and Mar-24 21 calls are the most active options, with total volume in those strikes near 14,400 contracts. The Put/Call Ratio is 0.05. Earnings are expected on May 30th.
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