Bullish option flow detected in Macy’s (M) with 7,036 calls trading, 1.5x expected, and implied vol increasing over 1 point to 58.19%. Apr-25 11.5 calls and May-25 12 puts are the most active options, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 21st.
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