Shares of Kohl's Corporation KSS are lower on the session by 0.58%, currently trading at $51.34. The stock has been moving largely higher over the past three months after rallying off the $44.00 level. KSS is now testing the 50-day and 200-day moving averages.
Options traders are buying puts on the name today. A short while ago the November $50.00 put was purchased 2,700 times, on the offer, on open interest of 3,534 contracts.
Overall put volume is now running at 2.11x the daily average with 88% of all puts 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. The company's stores feature private and exclusive brands, which are found only at Kohl's, as well as national brands. As of January 30, 2010, the company operated 1,058 stores in 49 states.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in