The original initiated price of this coverage was $37.85. Over the time span of this coverage, the underlying security paid 1 dividend, comprising 0.4% dividend income.
Who here remembers Maxwell Nerdstrom? He was a minor character on "Saved By The Bell" who once blackmailed Jessie Spano into a date after trumping Zach "sure thing" Morris in a game of poker. I tracked down a picture of this guy to help job your memory. What does he have to do with this Nordstrom coverage? Not a damned thing, aside from the fact that his name is a near homonym for the upper-middle-class retailer.
While there are plenty of other clothiers, parfumeries, and retailers of bangles and baubles who are more en vogue than Nordstrom, there are some things that never seem to fall out of fashion. For people too proud to shop at Ross, TJ Maxx, or Marshalls, this is one of 'em. I predict a riot again in late spring as everyone dashes in to stock their closets with the fashions they couldn't afford last summer when they were brand new in anticipation of the warmer months.