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Nordstrom call volume above normal and directionally bullish

Bullish option flow detected in Nordstrom with 3,335 calls trading, 1.5x expected, and implied vol increasing almost 3 points to 59.05%. Jan-24 20 calls and 1/6 weekly 15 puts are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.59. Earnings are expected on February 28th.

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Published first on TheFly

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