Soybean Futures Slide


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.


January Soybeans are trading at 985, down 12 1/4 cents/bushel. December Soymeal is trading at 308.0, down 3.5 $/ton. December Soybean Oil is trading at 34.37, down 0.46 cents/lb. Soybean futures are trading very choppy and near the session lows after showing gains early in the day. Market chatter about global currency values and weather for Southern Hemisphere soybean growing areas is making the rounds. Trading is expected to remain very choppy.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: FuturesCommoditiesMarketsSoybean futures