Major Move Is Coming For Lands’ End, Inc. After Bearish Options Activity

 Major Move Is Coming For Lands' End, Inc. After Bearish Options Activity

In today’s session Lands’ End, Inc. (LE) recorded an unusually high (557) 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 557 contracts traded and 26604 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: LE161216P00015000 closed last at: $0.4 or 33.3% up. About 37,247 shares traded hands. Lands’ End, Inc. (NASDAQ:LE) has declined 28.10% since April 13, 2016 and is downtrending. It has underperformed by 32.02% 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 $535.00 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: Prnewswire.com which released: “Lands’ End Lends Support To Veterans In Honor Of Veterans Day” on November 10, 2016, also Wsj.com with their article: “New Lands’ End CEO Delivers High Fashion—and a Culture Clash” published on May 06, 2016, Prnewswire.com published: “Lands’ End’s “Won’t Let You Down Coat” Has Been Chosen For The Season’s Most …” on November 03, 2016. More interesting news about Lands’ End, Inc. (NASDAQ:LE) were released by: Prnewswire.com and their article: “Delta’s new uniforms to be Lands’ End quality” published on October 14, 2016 as well as Wsj.com‘s news article titled: “Lands’ End to Start Selling Items on Amazon.com” with publication date: September 02, 2016.

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