Whales with a lot of money to spend have taken a noticeably bearish stance on Kohl's.
Looking at options history for Kohl's KSS we detected 20 trades.
If we consider the specifics of each trade, it is accurate to state that 10% of the investors opened trades with bullish expectations and 65% with bearish.
From the overall spotted trades, 18 are puts, for a total amount of $2,342,212 and 2, calls, for a total amount of $81,062.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $22.0 to $30.0 for Kohl's during the past quarter.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Kohl's's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Kohl's's substantial trades, within a strike price spectrum from $22.0 to $30.0 over the preceding 30 days.
Kohl's Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| KSS | PUT | TRADE | NEUTRAL | 01/17/25 | $3.7 | $3.5 | $3.6 | $22.50 | $1.2M | 6.3K | 2.7K |
| KSS | PUT | SWEEP | BEARISH | 01/17/25 | $3.5 | $3.45 | $3.5 | $22.50 | $116.7K | 6.3K | 329 |
| KSS | PUT | TRADE | BULLISH | 10/18/24 | $6.65 | $6.45 | $6.45 | $27.50 | $99.3K | 1.2K | 2 |
| KSS | PUT | SWEEP | BEARISH | 01/17/25 | $3.5 | $3.25 | $3.5 | $22.50 | $92.3K | 6.3K | 329 |
| KSS | PUT | SWEEP | BEARISH | 01/17/25 | $3.45 | $3.25 | $3.45 | $22.50 | $88.0K | 6.3K | 1.1K |
About Kohl's
Kohl's operates about 1,174 department stores in 49 states that sell moderately priced private-label and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Most of these stores are in strip centers. Kohl's also operates a large digital sales business. Women's apparel is Kohl's largest category, having generated 26% of its 2023 sales. The retailer, headquartered in Menomonee Falls, Wisconsin, opened its first department store in 1962.
Kohl's's Current Market Status
- With a trading volume of 3,759,155, the price of KSS is down by -4.63%, reaching $21.93.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 51 days from now.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Kohl's, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
