It was a rough week for us at SPX Option Trader. We ended the week with -74% ROI in our SPY weekly option trading and -86% ROI in our SPX weekly option trading. We had 2 winners and 3 down trades this past week. One of those weeks where just didn’t go as anticipated. As we’ve said many times that is all a part of trading, and one must learn to deal with the drawdowns. They are never enjoyable, but we focus on the bigger picture. We are still up for the month and the year, and as we remain consistent, we are confident we’ll hit better trades in the future.  Below is a recap of this week’s trading activity.

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