Coffee moves lower


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.


N.Y. Coffee futures are trading lower Tuesday in early U.S. trading. May Coffee is trading at 168.35 down 2.05. Trading is choppy and the trading range has expanded a bit. Chatter about better rain expectations for Brazil growing regions has pressured prices early Tuesday. Talk about global growth is making the rounds as a result of the G-20 meeting this month.

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: FuturesCommoditiesMarkets