Sears Holdings Corp on Focus After Bearish Options Activity

 Sears Holdings Corp on Focus After Bearish Options Activity

In today’s session Sears Holdings Corp (SHLD) recorded an unusually high (390) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious SHLD decrease. With 390 contracts traded and 11934 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: SHLD161216P00012000 closed last at: $0.9 or 8.4% up. About 13,731 shares traded hands. Sears Holdings Corp (NASDAQ:SHLD) has declined 29.25% since April 26, 2016 and is downtrending. It has underperformed by 34.51% the S&P500.

Analysts await Sears Holdings Corp (NASDAQ:SHLD) to report earnings on December, 1.

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 increased to 0.91 in 2016 Q2. Its up 0.12, from 0.79 in 2016Q1. The ratio increased, 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.
Art Advsrs Ltd Liability Corporation has 0.02% invested in the company for 36,667 shares. Comerica National Bank has 0.01% invested in the company for 52,297 shares. Bank Of Ny Mellon has 114,396 shares for 0% of their US portfolio. Force Capital Limited Liability Co accumulated 702,582 shares or 8.58% of the stock. Huntington Bank owns 156 shares or 0% of their US portfolio. Moreover, Silvercrest Asset has 0% invested in Sears Holdings Corp (NASDAQ:SHLD) for 10,000 shares. Boyle Capital Mngmt Limited Liability Company holds 0.27% or 16,067 shares in its portfolio. Rocky Mountain Advisers Limited Co reported 43 shares or 0.01% of all its holdings. State Board Of Administration Of Florida Retirement System last reported 27,295 shares in the company. Paloma Mngmt last reported 0% of its portfolio in the stock. Employees Retirement Association Of Colorado holds 0% or 6,678 shares in its portfolio. Moreover, Ubs Asset Americas Inc has 0% invested in Sears Holdings Corp (NASDAQ:SHLD) for 39,534 shares. Rhumbline Advisers holds 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD) for 18,888 shares. The Florida-based Raymond James has invested 0% in Sears Holdings Corp (NASDAQ:SHLD). The California-based Parallax Volatility Advisers Ltd Partnership has invested 0% in Sears Holdings Corp (NASDAQ:SHLD).

Insider Transactions: Since June 3, 2016, the stock had 3 buys, and 2 selling transactions for $6.94 million net activity. 1,900 shares were sold by FAIRHOLME CAPITAL MANAGEMENT LLC, worth $32,471.

Sears Holdings Corporation is an integrated retailer. The company has a market cap of $1.31 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: “Eddie Lampert Has to Step in and Save Sears Holdings Corp … Again” published on September 01, 2016, Fool.com published: “Sears Holdings Corp. Is Sitting on a Ticking Time Bomb” on March 28, 2016. More interesting news about Sears Holdings Corp (NASDAQ:SHLD) were released by: Fool.com and their article: “Sears Holding Corp CEO Eddie Lampert Swears He Isn’t Closing Kmart” published on October 09, 2016 as well as Fool.com‘s news article titled: “Why Sears Holdings Corporation Stock Dropped 17% Last Month” with publication date: October 05, 2016.

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