It was another great week for us at SPX Option Trader. We were up +756% ROI in our SPX weekly option trading and +700% ROI in our SPY Weekly Option Trading. We saw some massive inter-day swings in the market this week, and days where it ran way past where we exited our position. The current market is extremely volatile, and we are experiencing some wild point swings in the market. There have been several days where simply holding to near the close would have made a much larger profit than what we did. We make the best decisions we can as we trade, seeking to balance locking in a profit with giving it room to move. But if you have the stomach for the risk in the current conditions, just waiting till later in the day may bring in much greater rewards. We will continue to trade the way we always do, preferring to remain consistent in our entry and exit strategies. Below are our comments for each day’s trading activity.

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