It was a back-and-forth week for us at SPX Option Trader.  We ended this past week with  -22% ROI in our SPX weekly option trading, -33% ROI in our SPY weekly option trading and -66% ROM in our SPX Spread Trader.  We had 3 winners and 2 down trades this week in our SPX Daily Outlook. There were several days where greater profit was possible if a trader held on to the trade longer than we did. This is always the struggle for each day trader, when to exit the trade. There are days where if a trader is willing to risk a greater loss, greater profit is possible. However, there are also many days where risking more results in a greater loss. Over the longer term, we have found it better to trade as we do. We try to keep the losses smaller and seek to maximize the runs. But there are certainly days when it is more profitable to risk more. For those who have the stomach for greater potential losses there is often greater reward possible. But we seek to stay consistent each day and as we do we achieve success! Below are our comments for each day of this past week:

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