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Kohl’s call volume above normal and directionally bullish

Bullish option flow detected in Kohl’s (KSS) with 33,806 calls trading, 4x expected, and implied vol increasing almost 5 points to 61.11%. 10/25 weekly 21.5 calls and Oct-24 20.5 puts are the most active options, with total volume in those strikes near 25,800 contracts. The Put/Call Ratio is 0.11. Earnings are expected on November 29th.

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