The 10/60 Put is 2.70 x 2.80.
The Put Spread of 10/60 and 10/65 is 2.30 x 2.60.
The Put Spread is safer and cheaper. Looking at buying the 10/65 put and selling the 10/60 put as a put spread for a price of 2.25 or less.
The Holiday season does not look good for retailers. I was in Kmart the other day and they only had 2 cashiers and there were 3 or 4 people in each line waiting to pay. It appears some of the retailers are understaffed to save money. Technicals are turning bearish on Sears.
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