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Subject:  Quick question about JWN Date:  2/24/2007  7:12 PM
Author:  mcgrh Number:  7949 of 11340

JWN is reporting earnings on Monday, after closing, and there's some activity on the OTM put side that's probably really common, but I'm not sure how to interpret this. The underlying is trading for 58.22 (down 1.44), the open interest on the March55 puts was 324, and the Volume was 3,724.

Seeing as the net change is +0.20, does this mean there was more demand for the puts? After writing this, it seems like I've just answered my own question.
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