Walmart posts strong results ahead of holidays, earns praise from Trump

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Put Buying Activity in Macy's (M) Highlights Bearish Sentiment into Earnings Announcement on Nov. 21 -Susquehanna

November 14, 2019 3:04 PM EST

Susquehanna options strategist Alison Edwards notes put buying activity in Macy's (NYSE: M), ahead of earnings on 11/21, as opening investors bought 13k Nov22 15 Puts for $0.56. The investors express a bearish sentiment, suggesting the shares have an increased probability to trade below $15 (-7.9%). Recently... More