Bullish option flow detected in Macy’s (M) with 13,842 calls trading, 1.3x expected, and implied vol increasing over 2 points to 55.75%. 2/28 weekly 15 calls and Mar-25 15 calls are the most active options, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 0.26. Earnings are expected on March 6th.
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