Wheat 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 Chicago Wheat is trading at 422 3/4, up 1 3/4 cents/bushel. March Chicago Wheat is trading at 440, up 3/4 of a cent/bushel. December Kansas City Wheat is trading at 418 1/2, up 3/4 of a cent/bushel. The USDA reported on Friday that wheat export sales for the current marketing year as of October 6th are now 56.2 percent of the agency forecast versus the five year average of 56.1 percent.Trading is rangebound.

27% profit every 20 days?

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