It was a back-and-forth week for us at SPX Option Trader.  We ended this past week -41% ROI in our SPX weekly option trading, -40% ROI in our SPY weekly option trading, and -46% ROM in our SPX Spread Trader. We only traded 2 days this past week due to market conditions and the holiday schedule. This was yet another week where we have sat on the sidelines for a few days. While such days can be concerning to some, we aren’t concerned at all. We would rather sit on the sidelines than force a trade. We are confident as we remain consistent in our trading strategy, we will see plenty of good days ahead of us. Below are our comments for each day of the week:

As a reminder, the markets are closed Friday, December 24th. Normal trading activity will resume on Monday December 27th. May you and your family have a Merry Christmas and enjoy the extended weekend!

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