Soybean Futures Extend Gains

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.

August Soybeans are trading at 1009 1/2, up 16 cents/bushel. September Soybeans are trading at 1001 1/4, up 16 1/4 cents/bushel. November Soybeans are trading at 989 1/4 , up 15 1/2 cents/bushel. December Soymeal is trading at 344.9, up 6.6 $/ton. September Soybean Oil is trading at 29.69 up 0.01 cents/lb. Soybean futures are trading moderately choppy and just under the session highs. Chatter about weather and U.S. soybean demand is making the rounds. Thursday morning the USDA is scheduled to release weekly soybean export sales data. Trading is expected to remain very choppy.

27% profit every 20 days?

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