Cocoa little change


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.


New York Cocoa futures are trading a steady to a little higher Thursday morning. December Cocoa trading at 3122, up 5. Trading overnight has been rangebound . Market chatter about currency values and positioning ahead of the long holiday weekend has been making the rounds. Market talk about the Ivory Coast presidential election in October has been lingering in the background.

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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