Lands’ End, Inc. Just Recorded A Sigfniciant Bearish Options Activity

 Lands' End, Inc. Just Recorded A Sigfniciant Bearish Options Activity

In today’s session Lands’ End, Inc. (LE) recorded an unusually high (1,004) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious LE decrease. With 1,004 contracts traded and 12454 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: LE161216P00015000 closed last at: $0.9 or 5.3% down. About 104,522 shares traded hands. Lands’ End, Inc. (NASDAQ:LE) has declined 36.82% since April 1, 2016 and is downtrending. It has underperformed by 38.04% the S&P500.

According to Zacks Investment Research, “Lands’ End, Inc. operates as a multi-channel retailer. It offers men’s, women’s, and kids’ apparel, outerwear and swimwear; specialty apparel; accessories; footwear; and home products. The Company operates in two segments: Direct and Retail. It offers products through catalogs, online at www.landsend.com and affiliated specialty and international Websites, and through retail locations. Lands’ End, Inc. is based in Dodgeville, Wisconsin.”

Lands’ End, Inc. is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The company has a market cap of $510.87 million. The Firm operates through two divisions: Direct and Retail. It currently has negative earnings. The Firm offers products through catalogs, online at www.landsend.com.

LE Company Profile

Lands’ End, Inc. (Lands’ End), incorporated on August 19, 1986, is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Firm operates through two divisions: Direct and Retail. The Firm offers products through catalogs, online at www.landsend.com.

More notable recent Lands’ End, Inc. (NASDAQ:LE) news were published by: Wsj.com which released: “New Lands’ End CEO Delivers High Fashion—and a Culture Clash” on May 06, 2016, also Prnewswire.com with their article: “Delta’s new uniforms to be Lands’ End quality” published on October 14, 2016, Prnewswire.com published: “Give The Gift Of Literacy This Holiday Season With Lands’ End” on October 17, 2016. More interesting news about Lands’ End, Inc. (NASDAQ:LE) were released by: Wsj.com and their article: “Lands’ End to Start Selling Items on Amazon.com” published on September 02, 2016 as well as Prnewswire.com‘s news article titled: “Lands’ End Opens Pop-Up Shop in New York City’s SoHo Neighborhood” with publication date: September 12, 2016.

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