Sears (NasdaqNM: SHLD) closed yesterday at $90.44. So far the stock has hit a 52-week low of $67.36 and 52-week high of $152.91. Sears stock has been showing support around 86.93 and resistance in the 95.99 range. Technical indicators for the stock are Bullish and S&P gives SHLD a weak 2 STAR (out of 5) sell rating. SHLD appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at an Oct '08 90 covered call (KTQ JR) for a net debit in the $84.34 area. That is also the break even stock price for this trade. This covered call has a 60 day duration, provides 6.74% downside protection and a 6.71% assigned retur...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)