December 1, 2016 8:51 AM | 1 min read |
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.
The USDA reported today that Soybean weekly export sales for the current marketing year for the period ending November 24th totaled 1,399,000 tonnes. Sales were up 26 percent from the previous week and 17 percent from the four week average. There were 66,000 tonnes sold for 2017 to 2017 Soymeal sales for the current year totaled 150,400 tonnes. Sale were down 33 percent from the previous week and 46 percent from four week average. Soybean Oil sales for the current year totaled 54,500 tonnes. Sales were up sharply from the previous week and the four week average. January Soybeans are trading at 1029 3/4, down 2 1/2 cents/bushel. January Soymeal is trading at 317.4, down 0.9 $/ton. January Soybean Oil is trading at 36.94, down 0.05 cents/lb.
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.
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