It was another profitable week for us at SPX Option Trader! We ended the week with +87% ROI in our SPX weekly option trading, +76% ROI in our SPY weekly option trading, +88% ROI in our SPX Binary Trader and +41% ROM in our SPX Spread Trader. It was another wild week as we’ve seen some huge intraday swings this past week, which always makes trading difficult. We missed one day of trading due to the high price of options this past week. When the option prices are too high, it just isn’t worth the risk to trade in our opinion. We also saw a few days this past week where we were exited our trade for a profit, but then saw the market run much further and greater profit was possible later in the day. That is just a part of trading, we rarely catch the highs or the lows of the day’s move. We actually find encouragement when the market goes as forecasted and runs further than where we exited. Because that means we are trading on the right side of the move, and as we are doing that, the profits will take care of themselves. Below are our trading comments for each day of this past week.This content is for members only.
Week in Review 3/1/2021-3/5/2021