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Kohl’s call volume above normal and directionally bullish

Bullish option flow detected in Kohl’s (KSS) with 23,377 calls trading, 2.0x expected, and implied vol increasing almost 6 points to 84.60%. 3/7 weekly 12 calls and 3/7 weekly 11 puts are the most active options, with total volume in those strikes near 15,000 contracts. The Put/Call Ratio is 0.23. Earnings are expected on March 11th.

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