UPDATE: Sears Posts Q4 Loss


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


Sears Holdings (NASDAQ: SHLD) posted a narrower fourth-quarter loss.Sears posted a quarterly loss of $358 million, or $3.37 per share, versus a year-ago loss of $489 million, or $4.61 per share. Its adjusted loss came in at $0.96 per share.Its revenue slipped 14% to $10.59 billion versus $12.26 billion. Its sales at stores opened at least a year tumbled 6.4%.For the full year, Sears posted a loss of $1.37 billion, or $12.87 per share, versus a year-earlier loss of $930 million, or $8.78 per share.Sears shares closed at $40.40 yesterday.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsNewsloss