Weekly Recap SPX Option Trading for week ending 5/23/2025

It was a mixed week for us at SPX Option Trader. We ended this past week with +228% ROI in our Late Day Trader, +52% ROM in our SPX Spread Trader -30% ROI in our SPX Daily Outlook, -29% ROI in our SPY Daily Outlook, -91% ROI in our SPX Aggressive trader, and -90% ROI in our SPY Aggressive trader. This past week, trading activity was limited in our Daily Outlook and Aggressive Trader strategies, as we only traded on three days due to market conditions. When SPX and SPY option prices are too expensive in the morning, the risk-to-reward ratio becomes unfavorable, and we choose not to trade. This disciplined approach is a core part of our strategy and helps us avoid unnecessary risk when conditions aren’t optimal.

In contrast, both our Spread Trader and Late Day Trader strategies delivered strong results throughout the week. These strategies are not impacted by higher option prices in the morning, allowing us to take advantage of profitable setups. This balance across strategies highlights the strength of our diversified approach. Remaining consistent and disciplined is the cornerstone of our long-term success, and as we continue to follow our proven methods, we position ourselves for continued profitability in the days ahead.

As a reminder, the stock market will be closed on Monday, May 26th, for Memorial Day. To all our veterans, we thank you for your service! Below are our comments for each day of this past week. We look forward to another exciting week ahead, day trading SPX and SPY 0DTE options.

5/19/2025

Daily Outlook

We forecast a down day in the market and entered our positions at 9:35 a.m. Today was a “High Volatility Trade” which means the trade is higher risk and we use our adjusted guidelines as discussed on the website. We were focused on the possible resistance level of 590.25 in SPY as our stop level. As the market broke that level, we exited our position just at 9:40 a.m. for -28% in SPX and -26% in SPY. Just didn’t go our way, so we shake it off and look forward to what tomorrow will bring!

Aggressive Trader

We forecast a down day in the market and entered our positions at 9:35 a.m. We exited our positions just before 9:50 a.m. for -48% in SPX -46% in SPY. Just didn’t go our way, so we shake it off and look forward to what tomorrow will bring!

Spread Trader

We held our SPX Spread Trader position to the close for -38% ROM. Just didn’t go our way, so we shake it off and look forward to what tomorrow will bring!

Late Day Trader

At 1:30 p.m. we entered a put option trade. The market started to go our way, and we hit over +150% and then it started to pull back. We started using about a 30% trailing stop, and as it bounced we exited our position at 2:20 p.m. for +125%. Another profitable day and we look forward to what tomorrow will bring!

5/20/2025

Daily Outlook

We forecast a down day in the market and entered our positions just before 9:35 a.m. As we hit over +50% we were using about a 20% trailing stop. There was a very fast reversal and so we exited our position just after 9:50 a.m. for +32% in SPX and +33% in SPY. Another profitable day and we look forward to what tomorrow will bring!

Aggressive Trader

We forecast a down day in the market and entered our positions just before 9:35 a.m. We exited our positions just after 9:50 a.m. for +2% in SPX 0% in SPY. Basically, a flat day and we look forward to what tomorrow will bring!

Spread Trader

We exited our SPX Spread Trade early for a return +2% ROM. Basically a flat day and we look forward to what tomorrow will bring!

Late Day Trader

At 1:30 p.m. we entered a put option trade. The market started to go our way, and we hit over +50% and then it started to reverse direction. We started using about a 50% trailing stop, and as it bounced we exited our position just after 1:55 p.m. for +4%. Basically, a flat day and we look forward to what tomorrow will bring!

5/21/2025

Daily Outlook

We forecast a down day in the market and entered our positions just before 9:35 a.m. We were focused on the resistance level of 5913 in SPX as our stop level. As it rallied through that level we exited our positions just before 9:50 a.m. for -34% in SPX and -35% in SPY. Eventually the market went in our forecast direction, but the move came too late in the day for this strategy. Just didn’t go our way fast enough, so we shake it off and look forward to what tomorrow will bring!

Aggressive Trader

We forecast a down day in the market and entered our positions just before 9:35 a.m. We exited our positions just after 10 a.m. for -45% in SPX -45% in SPY. Eventually the market went in our forecast direction, but the move came too late in the day for this strategy. Just didn’t go our way fast enough, so we shake it off and look forward to what tomorrow will bring!

Spread Trader

We held our SPX Spread Trader position to the close for +56% ROM. Another profitable day and we look forward to what tomorrow will bring!

Late Day Trader

At 1:00 p.m. we entered a put option trade. The market went our way very quickly and we hit nearly +140% and then it started to reverse direction. We started using about a 40% trailing stop, and as it bounced we exited our position just after 1:10 p.m. for +100%. After pulling back a bit further, the market made a huge drop, and much larger gains were possible for those who held this position. But that bounce after such a quick drop was concerning and why we exited where we did. So, another profitable day and we look forward to what tomorrow will bring!