Notable Put Options Activity in Sears Holdings

Shares of Sears Holdings

are lower on the session by 4.49%, currently trading at $65.23. The stock has been moving largely lower over the past three weeks and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the November 2011 $60.00 put traded 5,500 times on open interest of 5,835 contracts. The Nov2011 $67.50 put also traded 4,800 times on 5,287 contracts. Put volume is outpacing call volume by 2.8 to 1. Sears Holdings Corporation is the parent company of Kmart Holding Corporation and Sears, Roebuck and Co. Holdings is broadline retailer with 2,201 full-line and 1,354 specialty retail stores in the United States operating through Kmart and Sears and 483 full-line and specialty retail stores in Canada operating through Sears Canada Inc., a 92%-owned subsidiary