It was another profitable month for us at SPX Option Trader!  We ended the month of August with +464% ROI in our SPX weekly option trading, and +382% ROI in our SPY weekly option trading, +216% ROI in our SPX Binary Trader and +114% ROM in our SPX Spread Trader.  We ended this past week with +114% ROI in our SPX weekly option trading, and +79% ROI in our SPY weekly option trading, -36% ROI in our SPX Binary Trader +12% ROM in our SPX Spread Trader.  We’ve mentioned several times over these past weeks about the challenges of trading at historic levels. This continues to be a reality for us as the market continues to reach new highs. We saw several very tight trading range days, and that is to be expected at these levels. We expect there to be some great trading opportunities in the weeks ahead.

As a reminder, the markets are closed Monday, September 6th. Normal trading activity will resume on Tuesday, September 7th. We look forward to another exciting week of day trading SPX and SPY weekly options ahead of us!  Below are our comments for each day of the week:

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