Bearish flow noted in Kohl’s with 7,872 puts trading, or 1.9x expected. Most active are Feb-24 25 puts and Feb-24 30 calls, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 2.30, while ATM IV is up over 1 point on the day. Earnings are expected on February 28th.
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