Cocoa Futures 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.

September Cocoa is trading at 3016, down 5 $/MT. December Cocoa is trading at 2983, down 4 $/MT. Cocoa futures are trading steady to a little lower early Monday morning. The overnight range is narrow. Market chatter about West African weather forecasts and global cocoa demand has kept both buyers and sellers active in a rangebound fashion.

27% profit every 20 days?

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