It was a back and forth week for us at SPX Option Trader. We had 3 winners and 2 losers for the week. Trading at historic levels is always difficult, and that proved to be the case for us this past week. We ended the week with -69% ROI in our SPX Option Trading and -55% ROI in our SPY Option Trading. We had a great week last week, follow by a bit of a draw down this week. That is something that happens in day trading, there is often give and take. The key to long term success is to have a winning strategy and stay consistent. As we use the information provided in the SPX Daily Outlook each day, we have the tools we need. Below are our comments for each trading day of the week.This content is for members only.
Week in Review 7/22/2019-7/26/2019