Bullish option flow detected in Nordstrom with 7,332 calls trading, 2x expected, and implied vol increasing almost 7 points to 66.39%. Jun-23 15 calls and 4/28 weekly 16.5 calls are the most active options, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 0.09. Earnings are expected on May 23rd.
Published first on TheFly
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