It was another profitable week for us at SPX Option Trader.  We ended this past week +28% ROI in our SPX weekly option trading, +28% ROI in our SPY weekly option trading, and -10% ROM in our SPX Spread Trader.  We only had 4 trading days this week due to market conditions. We also had 2 days of “High Volatility trades”. These are trades that we designate as higher risk trades due to market conditions. We also follow different exit guidelines for these trades, as discussed on our website. We have seen some very fast moves, which requires every trader to respond quickly. Such activity is to be expected as the market trades at historic levels. As we approach each day fresh using the information provided in the SPX Daily Outlook, we look forward to what this new year will bring.

As a reminder, the markets are closed Monday, January 17th. Normal trading activity will resume on Tuesday, January 18th. Below are our comments for each day of the week:

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