It was another profitable week for us at SPX Option Trader! We ended the week with +90% ROI in our SPX weekly option trading, and +76% ROI in our SPY weekly option trading, +116% ROI in our SPX Binary Trader and +47% ROM in our SPX Spread Trader.  We only traded 3 days this past week due to the high price of options. When the price of options is too high, we typically do not trade because of the unfavorable risk to reward. For example, when the option price on SPX is over 25 a contract, it means the SPX must move over 25 pts early in the day, just to make 100% profit. That historically has not been a good risk to reward ratio. Some traders may still wish to trade, which is why we still provide our forecasts. But we prefer to sit on the sidelines when the price of options is that expensive. As we are patient and use the information each day in our SPX Daily Outlook, we are successful. Below are our trading comments for each day of this past week.

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