It was an unusual week for us at SPX Option Trader. Due to volatile market conditions we had 2 days of no trades. However we ended the week with +40% ROI in SPX weekly option trading and -11% ROI in SPY weekly option trading. We had 2 winners and 1 down trade for the week. Trading during periods of extreme market swings is always difficult. But we use the information provided in the SPX Daily Outlook each day as our guidelines and that is what enables us to stay consistent. We’ve had a great month so far and look forward to what is yet to come. Below are our comments for each trading day of the week.This content is for members only.
Week in Review 8/12/2019-8/16/2019