Sugar, Coffee higher


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.


N.Y. Sugar futures settled near the highs of the session on Tuesday. October Sugar settled at 11.01, up 0.12. Coffee futures have traded choppy and in a fairly wide range. At last check September Coffee was trading at 124.35, up 0.40. Cocoa Futures traded rangebound and settled with little change. September Cocoa settled at 3165, down 1. In other New York soft commodities, at last check December Cotton was trading at 63.53, down 0.47 and September Orange Juice was trading firm at 131.80, up 3.70.

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