Could Sears Holdings Corp Gain Strenght? Option Traders Don’t Think So

 Could Sears Holdings Corp Gain Strenght? Option Traders Don't Think So

In today’s session Sears Holdings Corp (SHLD) recorded an unusually high (251) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious SHLD decrease. With 251 contracts traded and 6874 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: SHLD170120P00006000 closed last at: $0.5 or 150% up. About 101,338 shares traded hands. Sears Holdings Corp (NASDAQ:SHLD) has declined 26.93% since April 14, 2016 and is downtrending. It has underperformed by 31.61% the S&P500.

According to Zacks Investment Research, “Sears Holdings Corporation, the parent of Kmart and Sears, Roebuck and Co., is the leading home appliance retailer in North America and is a retail sales leader in tools, lawn and garden, home electronics, and automotive repair and maintenance. Key proprietary brands include Kenmore, Craftsman and DieHard, and a broad apparel offering, including such well-known labels as Lands’ End, Jaclyn Smith and Joe Boxer, as well as the Apostrophe and Covington brands.”

Insitutional Activity: The institutional sentiment decreased to 0.79 in 2016 Q2. Its down 0.21, from 1 in 2016Q1. The ratio fall, as 31 funds sold all Sears Holdings Corp shares owned while 36 reduced positions. 16 funds bought stakes while 37 increased positions. They now own 72.78 million shares or 3.02% more from 70.64 million shares in 2016Q1.
Next Gp holds 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD) for 64 shares. Teacher Retirement Of Texas holds 0% or 3,729 shares in its portfolio. Citadel Limited Liability Company has invested 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD). Laurion Capital L P holds 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD) for 11,304 shares. Antipodean last reported 270,000 shares in the company. Twin Tree L P last reported 1,000 shares in the company. Teachers Advsr last reported 0% of its portfolio in the stock. Credit Suisse Ag holds 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD) for 27,238 shares. Paloma Mngmt has invested 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD). Great West Life Assurance Can has 0% invested in the company for 2,500 shares. Eaton Vance Management holds 12,107 shares or 0% of its portfolio. Alexandria Cap Limited Liability, a Virginia-based fund reported 20 shares. Fincl Architects last reported 0.01% of its portfolio in the stock. Bancshares Of America De last reported 0% of its portfolio in the stock. Blackrock Advsr Limited Company reported 10,872 shares or 0% of all its holdings.

Insider Transactions: Since June 3, 2016, the stock had 3 insider buys, and 2 selling transactions for $6.94 million net activity. FAIRHOLME CAPITAL MANAGEMENT LLC also bought $1.28 million worth of Sears Holdings Corp (NASDAQ:SHLD) shares.

Sears Holdings Corporation is an integrated retailer. The company has a market cap of $1.33 billion. The Firm is the parent firm of Kmart Holding Corporation and Sears, Roebuck and Co. (Sears). It currently has negative earnings. It operates through two divisions: Kmart and Sears Domestic.

SHLD Company Profile

Sears Holdings Corporation, incorporated on November 23, 2004, is an integrated retailer. The Firm is the parent firm of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). The Firm operates through two divisions: Kmart and Sears Domestic. It also offers Shop Your Way, a member social shopping platform that offers rewards and personalized services. Shop Your Way connects all of the ways members shop-in store, at home, online and by phone. The Firm is the home appliance retailer, as well as offers tools, lawn and garden, fitness equipment, automotive repair and maintenance. The Company’s brands include Kenmore, Craftsman and DieHard. It also maintains a range of apparel and home offering, including labels, such as Jaclyn Smith, Joe Boxer, Route 66, Cannon, Ty Pennington Style and Levi’s and also offers Lands’ End merchandise in some of its Full-line stores. Additionally, it offers the Adam Levine and Nicki Minaj collections in approximately 500 Kmart stores and on shopyourway.com/kmart.com. It is also a well-known provider of home services, with over 10 million service and installation calls made annually.

More notable recent Sears Holdings Corp (NASDAQ:SHLD) news were published by: Fool.com which released: “The End Is Quickly Approaching for Sears Holdings Corp.” on September 21, 2016, also Fool.com with their article: “Sears Holding Corp CEO Eddie Lampert Swears He Isn’t Closing Kmart” published on October 09, 2016, Fool.com published: “Why Sears Holdings Corporation Stock Dropped 17% Last Month” on October 05, 2016. More interesting news about Sears Holdings Corp (NASDAQ:SHLD) were released by: Fool.com and their article: “Would Sears Holdings Corp. Have Anything of Value if Eddie Lampert Sells These …” published on June 11, 2016 as well as Fool.com‘s news article titled: “Eddie Lampert Has to Step in and Save Sears Holdings Corp … Again” with publication date: September 01, 2016.

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