It was another profitable week and month for us at SPX Option Trader!    We ended this past week with +204% ROI in our SPX weekly option trading, +163% ROI in our SPY weekly option trading and +62% ROM in our SPX Spread Trader. We ended the month of September with +514% ROI in our SPX weekly option trading, +424% ROI in our SPY weekly option trading and -1% ROM in our SPX Spread Trader. While the overall market experienced the worst September since 2008, we had a great month! A reminder of one of the many advantages to day trading SPX and SPY weekly options using our service. We are only concerned with the direction of the market each day. While this month has been extremely volatile, we’ve used the information provided in the SPX Daily Outlook to achieve a very nice profit. We had over 95% accuracy in forecasting the 1st target level in both the SPX and SPY this month.  It is that incredible accuracy that gives our traders an edge in day trading. Nearly every day in September that we traded was a “High Volatility Trade”. This is extremely unusual and reflective of current market conditions.  We look forward to another profitable week and month ahead of us day trading SPX and SPY weekly options! Below are our comments for each trading day of this week:

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