Wheat higher- USDA Data Due Tuesday


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.


The USDA monthly crop report is due out on Tuesday March 10th. Market talk that U.S. Wheat ending stocks will rise by around 10 million bushels to just under 702 million bushes versus 692 million last month is making the rounds. Chatter that global ending stocks for Wheat will show a little decrease to 197.69 million tonnes from 197.85 million last month has kept trading active in recent days. May Chicago Wheat is trading at 489, up 6 1/2 cents. July Chicago wheat is trading at 492 1/2 up 6 cents. May Kansas City Wheat is trading at 530 1/4 , up 8 cents.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: FuturesCommoditiesMarkets