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Kohl’s call volume above normal and directionally bullish

Bullish option flow detected in Kohl’s with 13,814 calls trading, 6x expected, and implied vol increasing over 5 points to 45.98%. 6/14 weekly 23 calls and 6/14 weekly 22.5 calls are the most active options, with total volume in those strikes near 13,300 contracts. The Put/Call Ratio is 0.06. Earnings are expected on August 29th.

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