Bullish option flow detected in Macy’s (M) with 22,165 calls trading, 4x expected, and implied vol increasing almost 4 points to 38.88%. 6/6 weekly 12 calls and Aug-25 15 calls are the most active options, with total volume in those strikes near 20,400 contracts. The Put/Call Ratio is 0.04. Earnings are expected on August 28th.
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