Bullish option flow detected in Macy’s (M) with 8,987 calls trading, 1.0x expected, and implied vol increasing almost 6 points to 54.40%. 10/25 weekly 17.5 calls and 10/25 weekly 16.5 calls are the most active options, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 0.26. Earnings are expected on November 14th.
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