Week in Review 5/8/2023-5/12/2023

It was a choppy week for us at SPX Option Trader.  We ended this past week with  -84% ROI in our SPX weekly option trading, -87% ROI in our SPY weekly option trading and -68% ROM in our SPX Spread Trader.  We had 2 winners and 3 down trades this week in our SPX Daily Outlook. The losers were all relatively small, but unfortunately the winners were even smaller. Just one of those weeks where things just didn’t go our way. As we always say, the key to our success is staying consistent in our approach. There are up weeks and down weeks, all a part of trading. We are still up for the month and we anticipate better a better week ahead of us! Below are our comments for each day of this past week:

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