To start 2015, Soybean Futures traded lower all day.
On Friday, March Soybeans settled the weak trading day near the lows of the session at 1007 1/2, down 16 cents.
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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Weak Soymeal basis and chatter that Chinese demand is shifting to South America soon added to pressure, along with general selling.
March Soybean Oil settled down 0.05 at 32.09.
March Soymeal closed down 7.2 at 340.4.
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.