Bullish option flow detected in Macy’s (M) with 11,649 calls trading, 1.6x expected, and implied vol increasing almost 8 points to 53.33%. 2/14 weekly 15 calls and Jan-26 20 calls are the most active options, with total volume in those strikes near 10,800 contracts. The Put/Call Ratio is 0.11. Earnings are expected on March 4th.
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