Wheat little changed


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.


Wheat futures are trading a little higher Tuesday morning. September Chicago Wheat is trading at 503,3/4 up 1 1/4 cents and December Chicago Wheat is trading at 513 1/2, up 1 3/4 cents. September Kansas City Wheat is trading at 501 1/2, up 2 1/4 and December Kansas City Wheat is trading at 521 1/2, up 2 1/4 cents. Market talk that Egypt's wheat imports may drop below 4.0 million tonnes is making the rounds. The Canadian Wheat Board (CWB) tour last week showed Canadian production may be near 23.1 million tons.

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.


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Posted In: FuturesCommoditiesMarkets