Another good month for us at SPX Option Trader. We finished November with +557% ROI in SPX weekly option trading and +532% ROI in SPY weekly option trading. For this past week we had +20% ROI in SPX weekly option trading and +48% ROI in SPY weekly option trading. This has been a very unusual month with 4 days of no trades due to high price of options, 2 days of no trades due to holiday market hours. So, we had 6 days of no trades, but still had a nice monthly return!
The markets have been extremely volatile, and we are seeing huge swings. The key to this market as in any market is to have a winning approach and stay consistent. As we do, we see the nice overall returns. We expect another great month ahead in December day trading SPX and SPY weekly options. Below are our comments for each trading day of the week.This content is for members only.