Sears Holding (SHLD) volatility Elevated at 55; shares down 10% on negative pre-announcement

January 14, 2008 8:43 AM EST Send to a Friend
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Sears Holding (Nasdaq: SHLD) : SHLD is recently down $10.17 to $86 in pre-open trading. SHLD guided fourth-quarter and year earnings below expectations on a decrease in same-store holiday sales, lower profit margins, increased competition and unfavorable economic conditions. SHLD over all option implied volatility of 55 is above its 6-month average of 42 according to Track Data. Paul Foster

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