Looking at the KSS Kohl's Corporation options chain ahead of earnings, i would buy the $34 strike price Calls with
2022-11-18 expiration date for about
$0.64 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
$KSS is at the peak of the regression channel, on a down trend, with two candles rejecting resistance levels. Money momentum is not only shifting out of KSS, but creating divergence on the 4hr time frame. Although our middle band shows us in a bull market momentum, we are on the verge of a complete breakdown. The catalyst will be the ER set to take place in a...
Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
(1)
Entry Price: $38.87
Target Price: $38.00
Stop Loss: $39.74
(2)
Entry Price: $37.51
Target Price: $36.59
Stop Loss: $39.05
Trend:
Below 50,100 and 200 EMA
Positive ADX, DI below 20
Trend seems to be weak
Macro impact:
Consumer cyclical stock are not a good buy
Inflation impact on consumer purchase
High interest impacting credit buying
Recommendation:
Wait for price to cross above the resistance @ 47.5 for a reassessment
Kohl's Corp is in exclusive talks with the Franchise Group (FRG) over a possible $8 billion takeover.
Franchise Group to pay $60 a share for Kohl's.
The deal has entered a three-week exclusive discussion window.
From this price level there is a 45.44% arbitrage opportunity if the deal goes through.
Looking forward to read your opinion about it!
KSS missed earnings and buyers came in. KSS traded to resistance level of prior gap down.
Opened lower today than close yesterday so perhaps it traded down in afterhours.
Price dropped from a symmetrical triangle a while back.
No recommendation.
The stock did a 1-2-3-4-5 impulse wave from the Mar'20 low & did a prompt A-B-C correction to the 38.2% retracement of the bigger wave. ST, the stock will fill the gap and hit the 53.6 levels. Longer term, it will correct slightly from there and test the ATH
(Remmeber, last time it filled the 55-60 gap precisely & corrected from there)
Kohls has ER tmrw in pre market .. picked up puts confident it can drop some more.
There is a gap to be filled near 33$ -- in all honesty I think this could be worth $20 a share but who knows.
Kohl's Corporation operates as a retail company in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Apt. 9, Croft & Barrow, Jumping Beans, SO, and Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, and...
Despite the recent pullback in the US stock market, I remain bullish on KSS. As shown in my analysis, there is a pretty clear bull flag patter formed in Kohl's price movement. The last KSS bull run yielded 250% return so there is significant upside should a breakout occur.
Not finacial advise, simply speculation (:
Good luck!
We've recently opened a LONG $KSS position using 2.59% of our equity. 💎
Macro framework
The U.S. stock markets have managed to stay on track with their outstanding bull run with less than 2 weeks left until the end of the year. It's true that we've seen some short-term spikes of volatility in the markets mainly driven by the uncertainty around the new COIVD...
