Macy's (M) volatility near one year lows into EPS
Macy's (NYSE: M) is recently up 84c to $18.86. M is expected Q3 on November 11. JPM Morgan upgraded M to Overweight from Neutral. M call option volume of 7,942 contracts compares to put volume of 4,263 contracts. M November option implied volatility is at 62, December is at 58; verses its six-month average of 63, according to Track Data, suggesting decreasing price movement after EPS. Paul Foster
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