It was another profitable week for us at SPX Option Trader! We ended this past week with +68% ROI in our SPX weekly option trading, +70% ROI in our SPY weekly option trading, -8% ROI in our SPX Binary Trader and -6% ROM in our SPX Spread Trader. We only traded on 1 day this past week due to extreme market conditions. The presidential election and Fed meeting combined to make it a difficult week to trade. Hopefully, things will settle down shortly and we will see a return to more normal trading activity next week. There are days where it is simply too risky to trade, and on those days, we would rather sit on the sidelines than force a trade. It is just as important to know when to trade as when not to trade. Consistency and patience are the keys to long term success. So, we look forward to what next week will bring us. Below are our comments for each trading day of this past week.
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