It was a slow but profitable week for us at SPX Option Trader. We had no trades this week in the SPX Daily Outlook due to high price of options and the FOMC meeting. We did have 1 trade in the SPX Spread Trader to end the week with +6% ROM.  It is extremely rare to go this long with no trades. The last time we saw this was during March of 2020. In times of extreme market volatility, the weekly options tend to be a higher price. The extreme price of options just makes our normal approach to day trading too risky. Our market forecasts are still being shared each day. Every day our 3 target levels were hit this past week. We are confident that the option prices will come back down to a more reasonable level shortly, and then we will be able to resume day trading. Until then we remain patient, waiting for favorable conditions.

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