Sugar 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.

March New York Sugar is trading at 20.74, up 0.01 cents/lb. May New York Sugar is trading at 20.54, down 0.01 cents/lb. New York Sugar futures are trading rangebound early Wednesday morning. Chatter about weather for Brazil and India is making the rounds. India's government officials have said India's state of Maharashtra has produced 27 percent less sugar than last year. Street estimates for Thailand's sugar production for the season are near 9.7 million tonnes. Chatter about sellers near 20.89 for March and buyers near 20.45 is starting to show up.

27% profit every 20 days?

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