Week in Review 8/29/2022-9/2/2022

It was another profitable week and month for us at SPX Option Trader!  We ended the month of August with +479% ROI in our SPX weekly option trading, +257% ROI in our SPY weekly option trading and +141% ROM in our SPX Spread Trader.  We ended this past week with +198% ROI in our SPX weekly option trading, +129% ROI in our SPY weekly option trading and +110% ROM in our SPX Spread Trader. As we have said often, consistency is so crucial to successful trading. We’ve seen that proven true again this past month. We approach each day fresh and by using the information provided in the SPX Daily Outlook we achieve success. We look forward to another profitable month ahead of us day trading SPX and SPY weekly options!

As a reminder, the markets are closed Monday, September 5th. Normal trading activity will resume on Tuesday, September 6th.

Below are our comments for each trading day of this week:

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