Pre-earnings options volume in Nordstrom is 6.2x normal with puts leading calls 9:4. Implied volatility suggests the market is anticipating a move near 8.9%, or $1.32, after results are released. Median move over the past eight quarters is 10.9%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on JWN:
- Unusually active option classes on open November 21st
- Options Volatility and Implied Earnings Moves This Week, November 20 – November 23, 2023
- JWN Upcoming Earnings Report: What to Expect?
- Nordstrom Board of Directors Approves Quarterly Dividend
- Nordstrom call volume above normal and directionally bullish
