ADM, CVA Form JV to Construct Shuttle Loader Grain Elevator near Randolph, Neb.

by Benzinga Staff
July 31, 2013 5:49 AM | 21 seconds read | Make a Comment

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.

Archer Daniels Midland Company (NYSE: ADM) and Central Valley Ag Cooperative (CVA) announced today the formation of 81-20 Grain Terminal, LLC, a joint venture to construct a 5 million bushel shuttle loader grain elevator near Randolph, Neb. The elevator will originate corn and soybeans from regional farmers, primarily for transportation by 110-car BNSF shuttle trains to export markets via the U.S. Gulf Coast, Pa.

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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.

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