Bearish flow noted in Kohl’s with 16,605 puts trading, or 4x expected. Most active are Oct-24 20 puts and Sep-24 22.5 puts, with total volume in those strikes near 10,600 contracts. The Put/Call Ratio is 2.33, while ATM IV is up over 1 point on the day. Earnings are expected on August 28th.
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