Highlights on Block Activity and Options Trading for Sears Holdings Corporation (SHLD)

Posted on 04/15/2013 by Tom Kaplan

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NEW YORK (AVAFIN) -- Interesting options activities were spotted today on shares of Sears Holdings Corporation. There were 1.8 puts traded for each call contract yielding a 1.79 put/call ratio. Specifically, 14,150 put and 7,910 call contracts were traded during the busy trading session.

Options can be used as predictors of stock behavior. Investors can use put/call ratios as technical indicators to read for signs of institutional sentiment. The put/call ratios offer insight to investors and can be used as either a direct or contrarian indicator for trading decisions. Unusual volume provides reliable clues that the stock is expected to make a move.

The company will continue to struggle in softgoods, despite attempts to the contrary. Softgoods are even more competitively intense and financial results tend to be volatile. Retailers that have traditionally been strong in hardgoods rarely succeed when launching grand softgoods strategies. Additionaly, Principal shareholder Lampert's share buybacks and use of the company's excess cash for investments increases risk and also diverts cash from reinvesting in stores. Lampert may have underestimated the competitive risks of broadlines retailing, having previously turned around Auto Nation.

Shares of Sears Holdings Corporation settled at $48.70, down $3.54 (6.78%) in the last trading session. The shares of the stock had an intraday low of $48.35 and high of $54.22. Performance indicators show that the stock has gained 2.41% within the last month. The stock's 52 week low is $38.40 and 52 week high is $68.77.

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