7978 JWN Apr 47.5/52.5 call spreads went up in 1 blocks on the ISE marked spread.
Shares of Nordstrom, Inc. (JWN) are down .02 to 43.80.? JWN is near the lower end of the 52 week range.
- Paper traded 7978 JWN Apr 47.5/52.5 call spreads for .94. ?
- The ADV is 7320 contracts.? ?
- The open interest is 662 and 10826 contracts.
The volume went up in 1 blocks on the ISE marked spread. There is very high open interest on the Apr 52.5 calls so it is likely the trader is rolling down to the 47.5 calls to push the options closer to the money.? The trade is still bullish looking but closer to the money.
- IV 30 is trading for 40%.?
- HV10 is trading for 36%.?
- IV 30 is above the HV 10.
Nordstrom, Inc. is a fashion specialty retailer in the United States. The company operates through two segments: Retail and Credit. The Retail segment includes approximately 115 Nordstrom branded full-line stores in the United States and Nordstrom.com, approximately 167 off-price Nordstrom Rack stores, two Canada full-line stores, Nordstromrack.com and HauteLook, and other retail channels, including five Trunk Club showrooms and TrunkClub.com, its two Jeffrey boutiques and one clearance store that operates under the name Last Chance.