December 12, 2016 6:49 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.
March Corn is trading at 358 3/4, down 1 3/4 cents/bushel. May Corn is trading at 364 1/2, down 1 3/4 cents/bushel. Corn futures are trading lower. The USDA World Agricultural Supply and Demand Estimates Report (WASDE) was released Friday. The USDA estimate for global ending corn stocks was revised up by over 4 million tonnes. U.S. ending corn stocks totaled 2.403 billion bushels versus 2.403 billion bushels last month. The report showed global ending corn stocks rose to 222.25 million tonnes from 218.2 million tonnes last month. The USDA estimate for Brazil's corn production is 86.5 million tonnes versus 83.5 million tonnes on the previous report and China's corn production was moved up 3.55 million tonnes to 219.55 million tonnes. The USDA weekly export inspection report is due out later today.
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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