Nordstrom (JWN) volatility flat into downgrade to Neutral at Citigroup

Nordstrom (NYSE: JWN) overall option implied volatility of 31 is near its 26-week average according to Track Data, suggesting non-directional price movement into a downgraded to Neutral from Buy at Citigroup and the firm lowering its price target for shares to $52 from $63.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Apollo Global Management (APO) call put ratio 1 call to 6.8 puts a focus on a spreader of 9K contracts January 95 and 135 puts
• Western Digital (WDC) June 26 weekly options active, share price down 8.8% into Micron (MU) quarter results
• SpaceX (SPCX) call put ratio 1 calls to 1.1 puts as share price at $155