Bearish flow noted in Nordstrom with 8,607 puts trading, or 2x expected. Most active are 12/9 weekly 19.5 puts and 12/9 weekly 18.5 puts, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 6.83, while ATM IV is up over 3 points on the day. Earnings are expected on February 28th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on JWN:
- Black Friday weekend played out largely in line with expectations, says KeyBanc
- Will Cyber Monday See Strong Sales After a Muted Black Friday?
- Nordstrom Shares (NYSE: JWN) Fall despite Earnings Beat
- Nordstrom Reports Third Quarter 2022 Earnings
- Nordstrom Board of Directors Approves Quarterly Dividend