Week in Review 2/5/2024-2/9/2024

It was a mixed week for us at SPX Option Trader. We had a very nice profit in the Aggressive and Spread Trader and small drawdown in the Daily Outlook. We ended this past week with -11% ROI in our SPX Daily Outlook trading, -11% ROI in our SPY Daily Outlook trading, +266% ROI in our SPX Aggressive Trader, +296% ROI in our SPY Aggressive Trader and +159% ROM in our SPX Spread Trader. Trading at historic levels is always difficult, and we saw that this past week. But once again the key to our long-term success is using the information provided in the Daily Outlook. With our market forecast and target levels, we are able to profit no matter if the bears or bulls are running. For example, this past week we had 100% accuracy in our SPY daily target forecasts. So, we look forward to another exciting week ahead day trading SPX and SPY weekly options. Below are our comments for each trading day of this past week.

This content is for members only.

Week in Review 2/5/2024-2/9/2024SPXOptionTrader2024-02-09T16:22:06-05:00

SPX Option Trader

Your Best Resource for Day Trading SPX & SPY Weekly Options

SPX Option Trader is NOT a registered broker-dealer or financial advisor. The recommendations and information provided here should NOT be interpreted as investment advice, an endorsement of any security or company’s stock, or a recommendation to buy or sell any specific option, equity or futures contract. This information is provided for informational purposes only and without warranty of any kind. Our strategies are not intended to meet the suitability requirements for every investor. Be advised that Stock trading especially option trading and futures trading has large potential rewards, as well as large potential risks involved. These strategies are not intended to meet the suitability requirements for every investor. Trading of Options may not be suitable for all users of this information. You, and not SPX Option Trader assume the entire cost and risk of any investing or trading you choose to undertake. Remember, past performance does not ensure future results. There are no guarantees that any one individual’s portfolio will match exactly with what our model portfolio’s performance is. Always do your own research and consider consulting a qualified investment professional before investing your money. Editors, staff and members of SPX Option Trader may have positions in securities listed herein. SPX Option Trader is completely independent and receives no compensation from any company mentioned. The receipt of this information constitutes your acceptance of these terms and conditions. SPX Option Trader is the copyright owner of all information contained in this website, unless otherwise noted. The redistribution of information and content provided here, without the express written consent of SPX Option Trader is strictly prohibited. If you have any questions please contact us