Week in Review 10/30/2023-11/3/2023

It was another profitable month and week for us at SPX Option Trader! We ended the month of October with +451% ROI in our SPX Daily Outlook trading, +461% ROI in our SPY Daily Outlook trading, +428% ROI in our SPX Aggressive Trader, +468% ROI in our SPY Aggressive Trader and +180% ROM in our SPX Spread Trader. We ended this past week with +141% ROI in our SPX Daily Outlook trading, +153% ROI in our SPY Daily Outlook trading, +3% ROI in our SPX Aggressive Trader, +8% ROI in our SPY Aggressive Trader and +35% ROM in our SPX Spread Trader. It was an abbreviated trading week with the Fed meeting but a profitable one for us still. There have been a few days lately where the market has run further in our forecast direction after we exited the trade. There have also been days where we exited just before the market reversed. Such is the life of a day trader, sometimes we nail it perfectly, sometimes we don’t. But consistent long term results are the key, and that is what we achieve using the information provided in the Daily Outlook each day. We look forward to another profitable and exciting week and month 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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