It was a rough week for us at SPX Option Trader. One of those weeks where we just kept getting beat up everyday. We were down each day of the week, to finish the week with -200% ROI in our SPY weekly option trading and -205% ROI in our SPX weekly option trading. The largest draw down we’ve seen in 5 months. Weeks like this are rough and getting beat up by the market is never enjoyable. But we stay in the fight, getting back up each time we are knocked down. Because while we were down this week, we are certainly not out of the fight. Day Trading is a constant battle, sometimes we get knocked down, but we always get back up. We are still up nicely for the month, and look forward to what we will do next week. As we are consistent in our approach and use of the information in the SPX Daily Outlook, we will be victorious! Below are our comments for each day of this past week.This content is for members only.
Week in Review 10/21/2019-10/25/2019