Kohl’s Corp (KSS) Offering Possible 30.55% Return Over the Next 6 Calendar Days

This post was originally published on this site

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 $54.50 short call and a strike $59.50 long call offers a potential 30.55% 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 $54.50 by expiration. The full premium credit of $1.17 would be kept by the premium seller. The risk of $3.83 would be incurred if the stock rose above the $59.50 long call strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Kohl’s Corp is bullish and the probability of a rise 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 48.33 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Kohl’s Corp

Morning Brief: Meme trade is making stock options great again
Wed, 09 Jun 2021 14:27:07 +0000
Yahoo Finance’s Myles Udland, Brian Sozzi and Julie Hyman break down why the meme trade is here to stay.

Kanye West just did his first product drop with Gap — it’s a $200 bright blue puffer coat
Tue, 08 Jun 2021 10:31:08 +0000
And here comes Kanye West at the Gap.

Kohl’s (KSS) Benefits From Strategic Framework & Digital Growth
Mon, 07 Jun 2021 14:01:02 +0000
Kohl’s (KSS) is committed toward its strategic framework that focuses on four key areas. Also, it is benefiting from growing digital business amid the pandemic.

Investors buying meme stocks need to be ready for downside risks: strategist
Mon, 07 Jun 2021 13:39:06 +0000
JJ Kinahan, TD Ameritrade Chief Market Strategist, joins Yahoo Finance Live to discuss why more investors are buying meme stocks this year and the potential risks of buying GameStop and AMC Entertainment.

Meme stock favorites start the week higher, GameStop earnings in focus
Mon, 07 Jun 2021 13:27:28 +0000
Yahoo Finance’s Myles Udland, Julie Hyman and Brian Sozzi break down how meme stocks are faring ahead of this week’s inflation data.

Be Sociable, Share!

Related Posts