Live Cattle Futures Lower

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.

February live cattle is trading at 119.75, down 0.50 cents/lb. April live cattle is trading at 118.50, down 0.47 cents/lb. June live cattle is trading at 108.40, down 0.30 cents/lbLive cattle futures are trading lower just after the open. Market talk about cash prices, weekend headline news and consumer demand is making the rounds. The U.S. Department of Agriculture (USDA) Monthly Cold Storage Report is due out Tuesday at 3:00 p.m. ET. Friday's USDA estimated cattle slaughter was 112,000 head and Saturday's was 48,000 head, the total for last week was 569,000 head.

27% profit every 20 days?

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