Kohl's

I really like Kohl's. It was upgraded this morning by Stifel Nicolaus from Hold to Buy. Their target price is $62.

Buy 100 KSS:                   ($5,206)

Sell 1 Jan 12 52.5 Call:      $500

Sell 1 Jan 12 52.50 Put:     $600
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Total cash outlay:          $4,106

Total return: $1,100 or 27% on a stock that needs to rise <1%

Break-even: 46.78 or 10% below current prices.

I have initiated this trade in my virtual portfolio