Week in Review 5/22/2023-5/26/2023

It was another profitable week for us at SPX Option Trader!  We ended this past week with  +270% ROI in our SPX weekly option trading, +266% ROI in our SPY weekly option trading and +133% ROM in our SPX Spread Trader.  We had 3 winners and 2 down trades this week in our SPX Daily Outlook. Monday was the standout winner of the week as we saw over +215% in a single trade. After many weeks of going back and forth, it was a welcome trade and a good week for us. This is an exciting aspect of day trading, you never know what the day will bring! Each day we start fresh and seek to profit from the intraday movement in the stock market. We approach each day using the information provided in the SPX Daily Outlook and as we do we achieve success. Below are our comments for each day of this past week.

As a reminder, the markets will be closed Monday, May 29th for Memorial Day. Normal trading activity will resume on Tuesday, May 30th.

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