Coffee Futures Move Up

27% profits every 20 days?

This is what Nic Chahine averages with his options 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 Coffee is trading at 150.15, up 2.70 cents/lb.March New York Coffee is trading at 153.50, up 2.70 cents/lb.New York Coffee futures are trading rangebound and just under the session highs. Chatter about Vietnam's coffee harvest is making the rounds. Some talk about street estimates that Vietnam's coffee exports may fall by around 300,000 bags during October is making the rounds. In other New York Soft commodities; December Cocoa is trading at 2840, up 25 $/MT. March Sugar is trading at 23.49, up 0.23 cents/lb. December Cotton is trading 68.64, down 1.00 cents/lb.November Orange Juice is trading at 203.50, up 1.50 cents/lb.

27% profits every 20 days?

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