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Option update: Kohl's volatility elevated as comparable Q4 store sales decline 4%

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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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Last updated: November 26, 2009: 10:02 AM

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