Week in Review 4/3/2023-4/7/2023

It was a back-and-forth week for us at SPX Option Trader!   We ended this past week with -13% ROI in our SPX weekly option trading, -7% ROI in our SPY weekly option trading and -23% ROM in our SPX Spread Trader.  We only traded 4 days due to the holiday schedule. Some traders get concerned when they experience a week like this, where it feels like you are just going back and forth. But this is a reality of trading. There are many times where we take 2 steps forward and 1 step back.  But in the long term we are making progress and that is the key to focus on. Sure, there are flat weeks and down weeks, but as we stay consistent the positive weeks more than compensate. So, we never let a flat or down week discourage us or make us lose our focus. We press on and 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 will be closed Friday ,April 7th in observance of Good Friday. Normal trading activity will resume on Monday, April 10th . Enjoy your extended weekend!

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