UPDATE: Zale Posts Narrower FQ4 Loss

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

Zale (NYSE: ZLC) reported a narrower fiscal fourth-quarter loss.Zale posted a quarterly loss of $8 million, or $0.25 per share, versus a year-ago loss of $19.7 million, or $0.61 per share. Its revenue climbed 2.5% to $417.1 million. However, analysts were expecting a loss of $0.33 per share on revenue of $409 million Its gross margin rose to 53.1% from 51.6%, while overall same-store sales increased 5.6%,Zale shares jumped 10.49% to $9.90 in pre-market trading.

27% profit every 20 days?

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