It was another profitable week for us at SPX Option Trader! We ended the week with +13% ROI in our SPX weekly option trading, +3% ROI in our SPY weekly option trading, +117% ROI in our SPX Binary Trader and +36% ROM in our SPX Spread Trader. It was an abbreviated trading week as we had no trade on Wednesday due to the FOMC meeting. Once again, we saw some days where the market moved huge after we exited the trade. We seek to profit from the intraday moves in the market. The goal is to try to maximize that profit, while also minimizing the losses. There are often days where we exit just to see the market zoom in our forecasted direction a bit later. That can be frustrating for many traders. But we know our guidelines have saved us more than cost us in the long run. So, we continue to stay consistent, and the results will take care of themselves. Below are our trading comments for each day of this past week.This content is for members only.
Week in Review 3/15/2021-3/19/2021