Mark Sebastian's Nordstrom Options Trade

Mark Sebastian of Option Pit shared with the viewers of Bloomberg Markets a bearish options trading idea in Nordstrom, Inc. (NYSE: JWN).

The stock traded 5.74 percent higher after the company reported strong Q4 earnings, but Sebastian thinks the rally isn't sustainable and he wants to make a bearish trade in the name.

He wants to buy the March 45 put for $1.20. The trade breaks even at $43.80 or 5.73 percent below the closing price on Friday.