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Nordstrom call volume above normal and directionally bullish

Bullish option flow detected in Nordstrom with 3,066 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 52.35%. Apr-23 17 calls and 4/14 weekly 17 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.48. Earnings are expected on May 23rd.

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Published first on TheFly

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