It was a choppy week for us at SPX Option Trader.  We ended this past week -80% ROI in our SPX weekly option trading, -88% ROI in our SPY weekly option trading, and +81% ROM in our SPX Spread Trader. We saw a few days where our forecast was correct, and our options made huge moves after we exited our positions at a small loss. Such days can be incredibly frustrating, and we’ve seen several of them over these past few months. Historically taking a smaller loss when the market turns against us has been the best move. That doesn’t mean it is always the right move for that day. But over the past 6 years this has been the best move the majority of times we’ve traded.  It is always frustrating when that happens but taking a look at the bigger picture can be helpful. Some weeks are down some are flat and some are winners. This is all a part of day trading. So, while we don’t enjoy down weeks, we know they come. We are confident of better days ahead! Below are our comments for each day of the week:

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