Week in Review 10/9/2023-10/13/2023

 

It was another profitable week for us at SPX Option Trader! We ended this past week with +86% ROI in our SPX Daily Outlook trading, +105% ROI in our SPY Daily Outlook trading, +52% ROI in our SPX Aggressive Trader, +63% ROI in our SPY Aggressive Trader and -17% ROM in our SPX Spread Trader. There were days this past week where the market ran further in our forecast direction after we exited the trade, and days where it did not. A good reminder that we rarely ride a trade to the maximum profit possible. While that would certainly be nice, and we do our best to maximize each trade, it rarely happens. Our goal is overall consistent profitable trading, and we experienced that again this week. We seek each day to maximize the profit and minimize the potential loss. As we stay consistent in our approach each day, we achieve success!  We look forward to another exciting week ahead of us, day trading SPX and SPY weekly options.  Below are our comments for each day of this past week.

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