Mixed options sentiment in Kohl’s with shares down 6.2%

Mixed options sentiment in Kohl’s (KSS), with shares down 84c near $12.79. Options volume running well above average with 122k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.67. Implied volatility (IV30) dropped 22.68 near 99.95, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.80. Put-call skew flattened, suggesting a modestly bullish tone.