NY Soft Commodities: Coffee Higher, Cocoa Lower

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.

Cocoa futures extended Thursday's losses and closed lower Friday. May Cocoa settled at 2945, down 51.May Coffee futures traded choppy before settling higher on the day at 139.90, up 4.85.Orange Juice futures traded back and forth before closing lower at 115.90, down 3.25.Sugar Futures traded mostly steady and settled unchanged at 13.44.Cotton futures traded mostly lower. May cotton was trading at 62.60, down 0.63.

27% profit every 20 days?

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