The Option Block 1195: We Welcome Our Robot Overlords
The Options Insider Radio Network
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Nordstrom's Stock Rallying a Little Bit
Nordstrom's stock is up nearly 5% today trading 1610. A year ago it was trading 2560, and the rest of the year has been just a train wreck out here in Nordstrom listeners. We had someone coming in this morning and scooping up 13,000 puts to get them all done. They paid 98 cents for 13,000 of the July 15 puts. So they are failing the first rock lobster sniff test.
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