Week in Review 1/9/2023-1/13/2023

It was another profitable week for us at SPX Option Trader!  We ended this past week with +40% ROI in our SPX weekly option trading, +40% ROI in our SPY weekly option trading and -46% ROM in our SPX Spread Trader.  We had a few down days this past week, which is not unusual for us. Some days we just get it wrong, but that is why it is important to be a disciplined trader. Never trade more than you can afford to lose and be prepared for drawdowns. As we stay consistent in our approach, we are successful over the long term. We look forward to another exciting week 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, January 16th. Normal trading activity will resume on Tuesday, January 17th. Enjoy your extended weekend!

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