It was a choppy week for us at SPX Option Trader.  We ended this past week with -79% ROI in our SPX weekly option trading -93% ROI in our SPY weekly option trading, and -43% ROM in our SPX Spread Trader. Down weeks are never enjoyable, but it is part of trading. This is our first down week in the SPX Daily Outlook in 6 weeks. We don’t let drawdowns discourage us or cause us to change our approach. As we stay consistent and use the information provided in the SPX Daily Outlook, we achieve success over the long term. Below are our comments for each trading day of this week:

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