Cocoa Futures Lower

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.

May New York Cocoa is trading at 1912, down 13 $/MT. July New York Cocoa is trading at 1924, down 12 $/MT. New York Cocoa futures are trading a little lower after Monday's decline. Ivory Coast port arrivals for February 6th to February 12th totaled 40,000 tonnes versus 16,000 tonnes a year ago. Total arrivals are now at 1.076 million tonnes compared to 1.132 million last year.

27% profits every 20 days?

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