Wheat Futures Little Changed


27% profits every 20 days?

This is what Nic Chahine averages with his options 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 Chicago Wheat is trading at 423 1/2, down 1 cents/bushel. May Chicago Wheat is trading at 437, down 1 1/2 cents/bushel. March Kansas City Wheat is trading at 436 1/4, down 1 1/2 cents/bushel. Wheat futures are trading rangebound and at the session lows. The USDA weekly export sales report for wheat is due out at 8:30 a.m. ET. Street estimates for Australian wheat production are near 33 million tonnes. Argentina's wheat production is estimated to be near 15.5 million tonnes. Argentina's Agroindustry Minister said 10 million tonnes are available for export versus 8.5 million tonnes a year ago.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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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Posted In: FuturesCommoditiesMarketsWheat futures