It was another profitable week and month of trading for us at SPX Option Trader. We ended the month with +41% ROI in SPX weekly option trading and +39% in SPY weekly option trading. We only had 1 trade all month! This is highly unusual, but we are glad to have made even a small profit during the month of March. That ended up being our only trade for this past week as well. We’ve seen the price of options start to drop back down this week, which is great news for day traders. While we only entered one trade this week, our lack of trading was due to market conditions, not the price of options. So, we look forward to the month ahead! Below are our trading comments for each day of the week.
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