Calls Purchased on Kohl's Corporation (KSS)

Shares of Kohl's Corporation KSS are higher on the session by 1.75%, currently trading at $53.03. The stock has been moving largely sideways over the past six months and is currently consolidating around the 50-day moving average. Options traders are buying calls on the name today. A short while ago the June 2011 $52.50 call was purchased 5,500 times, on the offer, on open interest of 832 contracts. Overall call volume is now running at 4.02x the daily average with 86% of all calls traded being purchases on the offer. Kohl's Corporation operates family-oriented department stores that sell apparel, footwear and accessories for women, men and children, soft home products, such as sheets and pillows, and housewares.