Sears (NasdaqNM: SHLD) ended the last trading session at $88.43. 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 84.90 and resistance in the 91.76 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 85 covered call (KTQ JQ) for a net debit in the $81.13 area. That is also the break even stock price for this trade. This covered call has a 54 day duration, provides 8.26% downside protection and a 4.77% assign...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)