It was another slow but profitable week for us at SPX Option Trader.  We ended this past week +43% ROI in our SPX weekly option trading, +45% ROI in our SPY weekly option trading, and +41% ROM in our SPX Spread Trader. We only had 3 trading days this week in the SPX Daily Outlook due to the high price of options. We were able to trade all 3 days in the SPX Spread Trader, as normal.  We ended the month of January with -28% ROI in our SPX weekly option trading, -32 % ROI in our SPY weekly option trading, and +160% ROM in our SPX Spread Trader. We had 11 days of no trading activity in January, which is highly unusual for us. We have seen some extremely volatile market conditions, often exiting our trades within 5 to 10 minutes. Again, this is highly unusual to exit so quickly. These types of volatile market conditions are rare, but they do come. The key to trading these types of markets is to be patient and not force a trade. Our forecasts continue to be just as accurate as they have been in the past. As the option prices come back down, we’ll be able to continue trading each day. As we stay consistent and use the information provided in the SPX Daily Outlook, we are successful.  Below are our comments for each trading day of this week:

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