It was another rocky road this past week for us at SPX Option Trader. Trading is never easy, and this past week has been no exception. A Trader must be prepared to weather draw-downs and not be shaken by down trades. This week, we were -65% ROI in our SPY weekly option trading and -83% ROI in SPX weekly option trading. We had 2 winning days and 3 down days for the week. But this is nothing out of the ordinary for our approach to trading. It is important to always look at the bigger picture in trading. The market has been choppy as of late, but as we stay consistent, we are confident of better days ahead. Below are our comments for each day of this past week.This content is for members only.
Week in Review 5/11/2020-5/15/2020