Kohl’s Corp (KSS) Offering Possible 36.99% Return Over the Next 6 Calendar Days

Kohl’s Corp’s most recent trend suggests a bearish bias. One trading opportunity on Kohl’s Corp is a Bear Call Spread using a strike $71.50 short call and a strike $76.50 long call offers a potential 36.99% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $71.50 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock rose above the $76.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Kohl’s Corp is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Kohl’s Corp is bearish.

The RSI indicator is at 30.11 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Kohl’s Corp

Empty shelves, poor customer service speed Sears’ demise
Fri, 12 Oct 2018 05:08:34 +0000
“It’s really going down,” Hetrick said about Sears, which is weighing whether to file for bankruptcy protection in the coming days. A change in sentiment among previously loyal shoppers like Hetrick contributed to the retailer’s sharp decline in sales. Sears losses have continued to mount to over $11 billion from its last annual profit in 2011.

Q&A: Doug Howe, Kohl’s chief merchandising officer, discusses new private label apparel line
Thu, 11 Oct 2018 18:34:42 +0000
Kohl’s Corp. wants to position itself as the destination store for plus-size shoppers. The retailer announced at the end of September that it would launch its own plus-size clothing line called EVRI next year.

JCPenney Stock Rose on October 10, Market Fell
Thu, 11 Oct 2018 12:36:29 +0000
Major indexes fell on October 10 due to investors’ fears about rising rates. The S&P 500 (SPY) fell 3.3%, while the Dow Jones fell 3.2% on October 10. However, JCPenney (JCP) stock rose 6.6% on October 10 due to news about the company extending its agreement with Synchrony Financial (SYF) regarding a marketing and servicing alliance for JCPenney’s credit card program. The amended agreement between the two companies extends the term of JCPenney’s credit card program until January 2027.

Wednesday Warriors: General Mills, Home Depot, Kohl’s Among Gainers on Rough Day
Wed, 10 Oct 2018 18:58:00 +0000
On a rough day for U.S. stocks, three familiar American brand names, among a few others, are emerging as gainers on one of the biggest single-day declines for U.S. stocks in six months. All the major indexes are down on the day, with tech leading the losses, as the Nadsdaq shed 206 points, or 2.

Sears’ Collapse Is a Cautionary Tale for Retail Investors
Wed, 10 Oct 2018 18:26:00 +0000
Too much debt and a big decline in same-store sales remain red flags for investors who may be considering other retail stocks amid the collapse of Sears Holdings Corp. Sears stock is falling through the floor Wednesday, dropping over 30% to just around $0.40 per share as of 2 p.m. ET. With its debt ballooning, the immobility of Sears in the face of encroaching creditors is getting a great degree of attention.

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