Corn, Wheat 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.

Corn futures traded on both sides of unchanged Monday before settling lower on the session. May Corn settled at 385, down 1 1/2 cents. July Corn settled at 393, down 1 1/2 cents and December Corn settled at 409 3/4, down 3/4 of a cent. Wheat futures traded higher early on during the session and moved lower as the day wore on with some general selling occurring. May Chicago Wheat settled at 527 3/4, down 8 1/2 cents. July Chicago Wheat settled at 527 3/4, down 8 cents. May Kansas City Wheat settled at 572, down 10 3/4 cents.

27% profits every 20 days?

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!