From a technical perspective and as seen in the chart, SHLD is in a clear downtrend tunnel, and it is following it rigorously like in a textbook example. I expect SHLD to be below $16 at a minimum before end of March, and maybe close to $12 depending on other market conditions. I also consider low risk forecasts the following:
SHLD with a price below $14.5 by June (especially after publishing Q1 results)
SHLD with a price below $10.5 by December
All the above provide good reference points to speculate with Options or simply sell short the stock with even lesser risk; as long as the underlying asset follows the technical patterns described.