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Kohl’s call volume above normal and directionally bullish

Bullish option flow detected in Kohl’s (KSS) with 15,444 calls trading, 6x expected, and implied vol increasing over 10 points to 80.04%. 11/22 weekly 17 calls and 11/22 weekly 17.5 calls are the most active options, with total volume in those strikes near 9,300 contracts. The Put/Call Ratio is 0.17. Earnings are expected on November 26th.

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