Live Cattle Futures Little Higher

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.

April live cattle is trading at 115.55, up 1.25 cents/lb. June live cattle is trading at 106.12, up 0.17 cents/lbLive cattle futures are trading higher just after the open. Market chatter about cash prices and consumer demand is making the rounds. Tuesday's USDA cattle slaughter was 115,000 head versus 111,000 head a year ago. The total cattle slaughter for the week is now 217,000 head versus 215,000 head a year ago. The U.S. Department of Agriculture's (USDA) monthly cold storage report is due out Thursday at 3:00 p.m. ET, the monthly cattle of feed report is due out Friday at 3:00 p.m. ET.

27% profit every 20 days?

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