Soybean Futures Trading Higher

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 1002, up 8 1/4 cents/bushel. January Soymeal is trading at 314.2, up 1.6 $/ton. January Soybean Oil is trading at 34.65, up 0.34 cents/lb. Soybean futures are trading choppy and in the middle of the session range. Market chatter about Southern Hemisphere weather and planting progress is making the rounds. Brazil's soybean planting is about 76 percent done versus 66 percent a year ago.

27% profit every 20 days?

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