Cotton Futures Little Lower

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 70.29, down 0.28 cents/lb. March New York Cotton is trading at 70.61, down 0.28 cents/lb. Cotton futures are trading a little lower Monday morning after Friday's firm trading session. Chatter about global economic growth and global cotton demand is making the rounds. The USDA reported on Friday that cotton export sales for the current marketing year are now 48.6 percent of the agency forecast versus the five year average of 48.4 percent.

27% profit every 20 days?

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