Bullish option flow detected in Macy’s (M) with 10,392 calls trading, 2x expected, and implied vol increasing over 1 point to 43.63%. 3/28 weekly 15 calls and Mar-25 14.5 calls are the most active options, with total volume in those strikes near 8,800 contracts. The Put/Call Ratio is 0.09. Earnings are expected on May 21st.
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