#Premarket Prep Technical Update - Sugar Futures Finding Resistance


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.


Sugar futures are trading higher by $0.12 at $16.96 in Tuesday's session. For the third day in a row, Sugar has been finding resistance at the $17.00 level, peaking between $16.98 and $17.03. If the rally continues, there may not be any major support until the March 19 ($17.37) and March 20 ($17.36) highs.

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.


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Posted In: FuturesTechnicalsCommoditiesMarketsTrading Ideas