Cocoa Futures Little 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 1969, down 25 $/MT. July New York Cocoa is trading at 1980, down 22 $/MT. New York Cocoa futures are trading lower just after the open. Market chatter about West African cocoa supplies and measures taken by the Ivory Coast government to mitigate impacts from defaulted export contracts is making the rounds.

27% profits every 20 days?

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