Bullish option flow detected in Macy’s with 10,080 calls trading, 2x expected, and implied vol increasing over 2 points to 51.50%. 5/24 weekly 19.5 puts and 5/24 weekly 20.5 calls are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.44. Earnings are expected on August 20th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on M: