It was another profitable week for us at SPX Option Trader! We ended this past week with +28% ROI in our SPX Daily Outlook trading, +30% ROI in our SPY Daily Outlook trading, -125% ROI in our SPX Aggressive Trader, -136% ROI in our SPY Aggressive Trader and +71% ROM in our SPX Spread Trader. We were positive in both Daily Outlook and Spread Trader while ending the week down in the Aggressive Trader. That happens from time to time, remember the Aggressive Trader uses larger stops, so larger losses are always possible as well as larger potential gains. We missed out on the huge potential run on Friday. Of course, we would have preferred to have been in it, but we don’t catch everyone. It has been a few months since we’ve seen this sort of potential in our option positions. Hopefully we’ll see more of these huge moves in the weeks ahead, and be able to ride it the next time. The key to our success is staying consistent in the way we use the information provided in the SPX Daily Outlook each day. 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.

This content is for members only.