Coffee little 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.


July Coffee is trading a little lower Tuesday after Monday's weakness . Last in July Coffee is 132.45, down 0.50. Overnight , trading has occurred on both sides of unchanged . September Coffee is trading at 135.20, down 0.45. Wide ranged and choppy trading is expected. Market talk about the size of Brazil's coffee crop and inventory levels has kept trading active and very choppy. Estimates for the Brazil crop are ranging from under 45 million bags to well over 51 million bags.

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.


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