NEW YORK -- Option traders are looking for Nordstrom (JWN) - Get Nordstrom, Inc. (JWN) Report to report strong quarterly numbers next month. 

OptionMonster's Heat Seeker system showed that almost 6,000 February 80 calls were purchased for 90 cents to $1.20 on Monday, including a print of 4,146 that went for 98 cents. This is clearly fresh buying, as the volume was more than 10 times the previous open interest in the strike. 

Long calls lock in the price where a stock can be purchased, which lets investors position for a rally at limited cost. They can also generate significant leverage if shares move higher.

Nordstrom has held up well compared with other retailers, and Monday the stock rose 1.18% to $77.99. It has climbed along its 50-day moving average since October and hit an all-time high in December. 

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The company reports earnings on Feb. 19, one day before Monday's long calls expire, so traders are apparently betting on positive news.

Overall option volume in the name was 16 times greater than average in the session, with calls accounting for a bullish 93% of the total.

-- Written by Mike Yamamoto of 

OptionMonster

Yamamoto has no positions in JWN.