29
02
2008
Option update: Kohl’s volatility elevated as comparable Q4 store sales decline 4%
Posted by: in Stocks Money NewsFiled under: Kohl’s Corp (KSS), Options
Kohl’s (NYSE: KSS) closed at $45.24 Thursday.
Goldman Sachs says: “expect shares to trade flat to modestly higher following an in-line quarter and setting of an achievable F08 earnings bar.”
KSS April option implied volatility of 46 is above its 26-week average of 40 according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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