It was a choppy week for us at SPX Option Trader. We ended this past week -54% ROI in our SPX weekly option trading, -57% ROI in our SPY weekly option trading, and -65% ROM in our SPX Spread Trader.  We only had 2 trading days this week due to market conditions. Down weeks are never enjoyable, but they are a part of trading. The secret to our long-term success is to stay consistent in our approach. Success is not about one week’s trading, but the long-term returns. While we were down this week, we are confident of better days ahead. As we use the information in the SPX Daily Outlook, we are successful. We look forward to next week’s trading activity. Below are our comments for each trading day of this week:

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