Bullish option flow detected in Macy’s (M) with 24,493 calls trading, 4x expected, and implied vol increasing almost 3 points to 45.32%. 3/14 weekly 14.5 calls and Apr-25 15 calls are the most active options, with total volume in those strikes near 18,100 contracts. The Put/Call Ratio is 0.18. Earnings are expected on May 21st.
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