Options Update: Clothing retailers volatility elevated into EPS; TJX, KSS, M

Posted Feb 12th 2009 7:30AM by Paul Foster
Filed under: Kohl's Corp (KSS), Options

TJX Companies (NYSE: TJX) is scheduled to report Q4 EPS on February 25. TJX closed at $21.83. TJX February option implied volatility is at 61, March is at 56; above its 26-week average of 52, according to Track Data, suggesting larger price movement.

Kohl's (NYSE: KSS) closed at $37.93. KSS is expected to report Q4 EPS on February 26. Goldman Sachs downgraded KSS to Sell. KSS March option implied volatility of 63 is near its 26-week average, according to Track Data, suggesting non-directional price movement.

Macy's (NYSE: M) closed at $8.50. M is expected to report Q4 EPS op February 24. M March option implied volatility of 107 is above its 26-week average of 87, according to Track Data, suggesting larger price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Tags: KSS, M, Macys, option implied volatility, OptionImpliedVolatility, TJX Companies, TjxCompanies