Kohl’s call volume above normal and directionally bullish

Bullish option flow detected in Kohl’s with 6,990 calls trading, 3x expected, and implied vol increasing almost 13 points to 67.05%. 8/2 weekly 22 calls and 8/2 weekly 24 calls are the most active options, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 0.12. Earnings are expected on August 28th.