It was rough week for us at SPX Option Trader. As we’ve said many times when the market is at historic levels, it makes day trading extra challenging. We have seen that over this past week.  We ended the week with -257% ROI in our SPX weekly option trading -254% ROI in our SPY weekly option trading -163% ROI in our SPX Binary Trader and -87% ROM in our SPX Spread Trader. When we experience down weeks, it is important to remind ourselves of the bigger picture. There are time periods where nothing seems to go our way, that is just a part of trading. We don’t like it, but we expect it to happen from time to time. This is why it is so important to trade a lot size that allows you to take a week like this and still sleep comfortably at night. This past week we got hit, but there is nothing wrong with the way we traded or our forecasting methods. Such large down weeks are rare, but they have happened in the past and they will happen again in the future.  We stay consistent, confident that as we do, we will see better days ahead, as we always have in the past. Below are our trading comments for each day of this past week.

As a reminder, the markets are closed Monday, February 15th. Normal trading activity will resume on Tuesday, February 16th. Enjoy the extended weekend!

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