Kohl's Corporation (KSS) shares are experiencing a significant uptick, soaring 5.02% in intraday trading on Monday. This notable surge comes amid reports of unusually high call option volume, suggesting a surge in bullish sentiment among traders.

According to market data, Kohl's saw 20,228 calls trading, which is 1.7 times the expected volume. This increased options activity has been accompanied by a substantial rise in implied volatility, jumping almost 22 points to 101.68%. Such a spike in call options and implied volatility often indicates that traders are positioning themselves for potential upside in the stock.

While the exact reasons behind this bullish options flow remain unclear, it has clearly caught the attention of investors, contributing to the stock's impressive intraday gain. As the week progresses, market participants will be closely watching Kohl's performance to see if this positive momentum continues and whether the bullish options bets pay off.