Bullish option flow detected in Macy’s with 5,885 calls trading, 2x expected, and implied vol increasing over 1 point to 43.71%. Oct-24 16.5 calls and Oct-24 16 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.20. Earnings are expected on November 14th.
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