Stocks quoted in this article:
Kohl's (KSS – 67-15/16) is a retailer that has found favor with analysts and investors recently. Today, the stock is recovering well from a slight pullback toward the end of last week. It is trading up over two points but approaching some resistance in the area just over 69. If the shares can overcome that area, the next step will be to overcome its new high of 70-1/8, also reached last week.
Options are available, but are not traded heavily on KSS. The greatest open interest is at the April 65 and 70 calls, where there are over 3,800 contracts residing between these two strikes. There are 1,454 February 55 put contracts open.<