Does Kohl’s Still Alive

I took over A family operation. I found it via a search fund I started after i left Wall Street. Three owners with 15 grand children and not one wanted the business.

 

Do fundamental research. Spend time in their stores.

 

I love punching down.

 

Be my guest.
I don’t care. I’m not buying this stock.
Even I never invested for long on KSS.
If it comes to swing as it was, I will day trade .

 

Does that really Kohl’s meme stock ?
Here is how it started.
It is called Gamma Squeeze.
1) Find the company with high volume of shorts.
2) Group of people bought Calls close to KSS price, with contract to buy.
It costs not much in comparison with price, but you can buy hundreds of KSS stocks.
3) Brokers will buy these stocks for you.
4) Publish your message to buy calls on many social sites.
5) Stock price will go up, for shorts dealers it will come to have their margin calls. It force them to buy these stocks and close positions.
It was only 2M gone out of 53M
Guess what, it may reappear at any time

 

No gamma squeeze, dude. There wasn't enough notional traded in the options. Stop. Fucking stop.

 

OK, it was 209M KSS stocks trades on 7/22 (regular 6-10M daily).
Please, explain how come that huge volume was appearing.
Should be something to trigger it.

 

Buying? Stop embarrassing yourself.

The largest OI strike for Aug serial is the 15C at 9K.

 

x-section. Look at the highest OI strike, notionally. It's not even a mil. 2.5B traded bc of 30K in OI across strikes and tenors?

lol

 

I got your point. However, I do not believe it was just simple huge stocks buying.
Should be something else.