It was a back and forth week for us at SPX Option Trader. It was an abbreviated trading week as the market was closed on Monday. We ended the week with -19% ROI in our SPX weekly option trading -31% ROI in our SPY weekly option trading +30% ROI in our SPX Binary Trader and +25% ROM in our SPX Spread Trader. We saw a couple of days where we were taken out at a small loss, only to see the market move later in the day for a larger possible profit. It is always frustrating when that happens, but it is something that a trader must learn to deal with. You can only make the best decision you can at the moment. Sometimes it turns out to be the most profitable decision, other times not. But the reasons we exited where we did each day this week, have made us more money than cost us over the long haul. So, we stay consistent, confident of better days ahead. Below are our trading comments for each day of this past week.This content is for members only.
Week in Review 2/15/2021-2/19/2021