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Kohl’s call volume above normal and directionally bullish

Bullish option flow detected in Kohl’s (KSS) with 18,137 calls trading, 3x expected, and implied vol increasing over 37 points to 83.67%. 2/7 weekly 14 calls and 2/7 weekly 13.5 calls are the most active options, with total volume in those strikes near 12,400 contracts. The Put/Call Ratio is 0.04. Earnings are expected on March 18th.

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