Bullish option flow detected in Macy’s (M) with 15,146 calls trading, 2.0x expected, and implied vol increasing over 2 points to 53.67%. 2/28 weekly 15 calls and 2/28 weekly 16 calls are the most active options, with total volume in those strikes near 13,800 contracts. The Put/Call Ratio is 0.15. Earnings are expected on March 6th.
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