Bullish option flow detected in Nordstrom with 4,709 calls trading, 3x expected, and implied vol increasing over 1 point to 57.81%. Jan-23 17 calls and 1/13 weekly 16.5 puts are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.32. Earnings are expected on February 28th.
Published first on TheFly
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