What the Options Market Tells Us About Kohl's

Investors with a lot of money to spend have taken a bullish stance on Kohl's KSS.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with KSS, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 9 options trades for Kohl's.

This isn't normal.

The overall sentiment of these big-money traders is split between 77% bullish and 22%, bearish.

Out of all of the options we uncovered, 8 are puts, for a total amount of $1,046,875, and there was 1 call, for a total amount of $32,930.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $25.0 and $28.0 for Kohl's, spanning the last three months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Kohl's options trades today is 1490.0 with a total volume of 40,359.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Kohl's's big money trades within a strike price range of $25.0 to $28.0 over the last 30 days.

Kohl's 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

About Kohl's

Kohl's operates about 1,170 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 27% of its 2022 sales. The retailer, headquartered in Menomonee Falls, Wisconsin, opened its first department store in 1962.

Following our analysis of the options activities associated with Kohl's, we pivot to a closer look at the company's own performance.

Present Market Standing of Kohl's

• With a volume of 1,576,843, the price of KSS is down -0.04% at $27.8.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 49 days.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Kohl's with Benzinga Pro for real-time alerts.