Bullish option flow detected in Macy’s (M) with 19,721 calls trading, 1.6x expected, and implied vol increasing over 4 points to 44.87%. Aug-25 13 calls and Aug-25 12 calls are the most active options, with total volume in those strikes near 16,000 contracts. The Put/Call Ratio is 0.10. Earnings are expected on August 28th.
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