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.
Coffee futures have moved up Tuesday. September Coffee is trading at 12510, up 1.15. Trading is choppy.
Market talk about currency values has kept both buyers and sellers active. Market chatter about the possible El Nino impact on Colombian production has been making the rounds. Columbia has had good production improvement in recent years. Honduras reported that coffee exports in July were 313,337 bags, down just over 8.5 percent from a year ago. So far this year, exports are over 20 percent from a year ago.
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.
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