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.
Freight Futures data to watch today: October spot month futures contracts
The Trucking Freight Futures markets were generally quiet on Tuesday and finished lower with the spot National contract (FUT.VNU201910) closing fractionally down to $1.405 per mile. Both the East regional (FUT.VEU201910) and West regional (FUT.VWU201910) contracts closed down by 0.2% to settle at $1.478 and $1.515, respectively. The South regional contract (FUT.VSU201910) closed down 0.4% and settled at $1.223. A quiet pattern for the spot contracts is expected until the end of October, as expiration will occur in two days.
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Regarding the individual lanes, the ATL to PHI contract (FUT.VAP201910) rose 0.4% to $1.595 and the PHI to CHI contract (FUT.VPC201910) climbed 0.2% to $0.939. The CHI to ATL contract (FUT.VCA201910) was unchanged at $1.900. In the West, the LAX to SEA contract (FUT.VLS201910) was off 0.4% to $2.033 as was the SEA to LAX contract (FUT.VSL201910), which dipped fractionally to $0.997. The Southern lanes had mixed results with the DAL to LAX contract (FUT.VDL201910) holding steady at $0.881 and the LAX to DAL contract (FUT.VDL201910) shedding another 0.4% to close at $2.033.
FreightWaves SONAR: Tree Watch List
SONAR Tickers: Tree Watch List – Futures spot month contracts
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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.