Bullish option flow detected in Macy’s (M) with 6,417 calls trading, 1.4x expected, and implied vol increasing over 1 point to 59.29%. 3/6 weekly 20 calls and 3/6 weekly 21 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.42. Earnings are expected on March 5th.
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