Week in Review 12/19/2022-12/23/2022

It was another profitable week for us at SPX Option Trader!  We ended this past week with +135% ROI in our SPX weekly option trading, +132% ROI in our SPY weekly option trading and +38% ROM in our SPX Spread Trader.  Once again, we had 100% accuracy in forecasting the 1st target level in both SPX and SPY this past week. We also saw several days where the market ran much further in our forecast direction after we exited the trade. When the market is moving so fast, as we saw this week, it can be difficult to know when to hold a position and when to lock in a profit. This is why we have our trading guidelines, and we follow them each day. By staying consistent in our approach and using the information provided in the SPX Daily Outlook we achieve success. It was another great week, and we look forward to more exciting weeks ahead, day trading SPX and SPY weekly options. Below are our comments for each trading day of this week:

As a reminder, the markets are closed Monday, December 26th. We wish you and your families a very Merry Christmas!  Normal trading activity will resume on Tuesday, December 27th.

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