Cotton 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.

December New York Cotton is trading at 66.87, down 0.08 cents/lb. March New York Cotton is trading at 67.35, down 0.08 cents/lb. Cotton futures are trading steady. The weekly cotton crop condition report showed 48 percent of the U.S. cotton crop was rated good to excellent versus 47 percent a week ago and 54 percent a year ago. The ten year average at this time of year is 47 percent.16 percent of the cotton crop was rated poor to very poor versus 18 percent a week ago and 11 percent a year ago. The ten year average at this time of year is 22 percent.

27% profit every 20 days?

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