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Kohl’s call volume above normal and directionally bullish

Bullish option flow detected in Kohl’s with 22,667 calls trading, 3x expected, and implied vol increasing over 1 point to 49.18%. Sep-24 20 calls and Sep-24 19.5 calls are the most active options, with total volume in those strikes near 14,600 contracts. The Put/Call Ratio is 0.08. Earnings are expected on November 29th.

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