Bearish flow noted in Nordstrom with 8,481 puts trading, or 3x expected. Most active are Feb-24 17 puts and Jan-24 17.5 puts, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 2.76, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 29th.
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