Sears offers the Craftsman LED Pocket Light in Red, model no. KTB6S, for $4.99. Opt for in-store pickup to avoid the $5.99 shipping fee. That's $2 off and the best we could find, although we saw it with $4 in-store credit for $2 less the week of Black Friday. It features six LED lights, pocket clip, magnetic base, and requires three AAA batteries (included).
Of note, Shop Your Way Rewards members will earn a Sears credit with this purchase and may be eligible for additional credits and discounts.