Sears Holding (NASDAQ: SHLD) is recently down $5.25 to $91.14. SHLD call option volume of 22,045 contracts compares to put volume of 31,005 contracts. SHLD January 90 straddle is priced at $8.60. SHLD February call option implied volatility is at 55, puts are at 67, above its 26-week average of 41 according to Track Data, suggesting larger risk.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.










