Week in Review 4/17/2023-4/21/2023

It was another back-and-forth week for us at SPX Option Trader.   We ended this past week with -45% ROI in our SPX weekly option trading, -47% ROI in our SPY weekly option trading and -74% ROM in our SPX Spread Trader.  We’ve had a few weeks in a row of small drawdowns. It is easy for some traders to get anxious when we go through down periods, as we have over the past few weeks. But flat weeks or even slightly down weeks are nothing to be concerned about, in our experience. These types of periods happen, it is all a part of being a day trader. Those who have been with us for many years, have seen this before. But it bears reminding to take a look at our past performance since 2016 you will see this is nothing out of the ordinary. We simply stay consistent in our approach, having the confidence that as we do, we will achieve success over the longer term. We look forward to more exciting days of trading ahead of us! Below are our comments for each trading day of this week:

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