It was another profitable week for us at SPX Option Trader!  We ended this past week with +71% ROI in our SPX weekly option trading, +60% ROI in our SPY weekly option trading and +125% ROM in our SPX Spread Trader.  It was an abbreviated trading week with the holiday, but a solid return nonetheless. Once again we had 100% accuracy in forecasting 1^st target levels in both SPX and SPY this week. We saw several days where the market exploded in our direction after we exited the trade. Of course, it is always frustrating for any trader to exit a trade, only to see it run much further later on. However, it must be remembered that often times, the market goes in the opposite direction after exiting a trade. On those days a trader feels great to have exited before the profit vanished. Trading options on expiration day is always difficult. We do our best to exit seeking to maximize profit and minimize drawdowns. There are times where if a trader was willing to risk more, greater gain was possible as we saw this week. But there are also many days where risking more will result in greater drawdowns. So, we stay consistent in our approach each day, and as we do we experience success over the longer term. We look forward another exciting week ahead, day trading SPX and SPY weekly options. Below are our comments for each trading day of this week:

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