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Kohl’s call volume above normal and directionally bullish

Bullish option flow detected in Kohl’s with 4,392 calls trading, 3x expected, and implied vol increasing over 1 point to 74.10%. 8/23 weekly 19 calls and 8/23 weekly 19.5 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.36. Earnings are expected on August 28th.

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