Week in Review 6/12/2023-6/16/2023

It was another profitable week for us at SPX Option Trader! We ended this past week with +177% ROI in our SPX weekly option trading, +174% ROI in our SPY weekly option trading and +42% ROM in our SPX Spread Trader. We only traded 3 days this week due to market conditions. Wednesday was FOMC meeting and we typically do not trade on those days. Thursday the market ran too far in the opposite direction of our forecast at the open, so we skipped the trade. But the three days we did trade were all winners for us. Once again, the secret to our success is using the information provided in the SPX Daily Outlook each day and staying consistent in our approach. We look forward to another exciting week ahead of us, day trading SPX and SPY weekly options.

As a reminder, the markets will be closed Monday, June 19^th. Normal trading activity will resume on Tuesday, June 20^th .

Below are our comments for each day of this past week:

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Week in Review 6/12/2023-6/16/2023SPXOptionTrader2023-06-16T15:05:48-05:00

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