Coffee little 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.

July Coffee is trading at 133.90, down 1.60.September Coffee is trading at 136.40, down 1.40. Coffee futures have moved a little lower during U.S. trading. Market talk has been making the rounds about currency values Brazil's coffee production. Chatter that a USDA official has forecasted that Brazil's 2015/16 coffee production will be over 52 million bags. Chatter about clack U.S. retail sales has caught some attention and buyers are backing away a little.

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!