September 13, 2016 4:01 AM | 1 min read |
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.
November Soybeans are trading at 963, down 1 1/4 cent/bushel. January Soybeans are trading at 967 3/4, down 1 cent/bushel. December Soymeal is trading at 309.9, down 2.0 $/ton. December Soybean Oil is trading at 32.68, up 0.04 cents/lb. Soybean futures are trading near the session lows. The weekly soybean crop condition report showed 73 percent of the crop was rated good to excellent versus 73 percent a week ago and 61 percent a year ago. The ten year average at this time of year is 58 percent. The USDA reported on Monday that soybean export inspections for the current marketing year as of September 8th are now 2.2 percent of the agency forecast versus the five year average of 1.9 percent.
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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