Week in Review 8/28/2023-9/1/2023

It was another profitable month for us at SPX Option Trader! We ended the month of August with +393% ROI in our SPX weekly option trading, +397% ROI in our SPY weekly option trading, +277% ROI in our SPX Aggressive Trader, +322% ROI in our SPY Aggressive Trader and -136% ROM in our SPX Spread Trader. This past week was a bit choppier as we ended the week with -41% ROI in our SPX weekly option trading, -38% ROI in our SPY weekly option trading, -249% ROI in our SPX Aggressive Trader, -245% ROI in our SPY Aggressive Trader and -114% ROM in our SPX Spread Trader.

It was a typical month of trading for us. We saw consistent daily returns in the Daily Outlook. In the Aggressive Trader we had some huge profitable days as well as several drawdowns. Again, nothing out of the normal for this approach. Unfortunately, the Spread Trader had a rougher month, but we are looking forward to a better month ahead of us. Below are our comments for each day of this past week.

As a reminder the markets are closed on Monday September 4th. Normal trading activity for us will resume on Tuesday September 5th. Enjoy your extended weekend!

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