Bearish flow noted in Kohl’s with 10,554 puts trading, or 2x expected. Most active are 2/3 weekly 30 puts and Apr-23 30 calls, with total volume in those strikes near 9,200 contracts. The Put/Call Ratio is 11.67, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 28th.
Published first on TheFly
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