Bullish option flow detected in Macy’s with 31,584 calls trading, 22x expected, and implied vol increasing over 1 point to 49.63%. 10/25 weekly 17.5 calls and Oct-24 16.5 calls are the most active options, with total volume in those strikes near 27,400 contracts. The Put/Call Ratio is 0.02. Earnings are expected on November 14th.
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