It was a mixed week for us at SPX Option Trader. We ended this past week with +4% ROI in SPX Daily Outlook, +2% ROI in SPY Daily Outlook, -24% ROI in SPX Aggressive Trader, -32% ROI in SPY Aggressive Trader, -52% ROI in Late Day Trader, and +118% ROM in SPX Spread Trader.
This week is a good reminder that not every week in trading is going to produce large gains across every strategy. Some weeks are strong across the board, some weeks are mixed, and some weeks require more patience. That is simply part of trading SPX and SPY 0DTE options.
The key is consistency. A trader who expects every day to be profitable or every week to produce large returns is going to be disappointed. Trading does not work that way. Long-term success comes from following a proven process, managing risk, and staying disciplined through both stronger and quieter periods.
The Spread Trader had a very strong week, finishing with +118% ROM. That was especially encouraging after last week’s drawdown in the strategy. Every strategy will go through stronger and weaker stretches, which is why it is important not to overreact to one week of results. The focus remains on applying the same process consistently over time.
No single day or week defines success. What matters is staying disciplined, keeping losses controlled, taking quality trades when conditions are favorable, and allowing the long-term results to play out. That has been the foundation of our approach since 2016.
The daily entries below are presented as a simple trade log showing the trading activity for each strategy. Times are referenced to the nearest 5-minute interval.
Real-time trade alerts include entry limits, profit targets, stop levels, and intraday updates as trades develop. Full trade details are available to members only.
8/17/2026
Daily Outlook
We forecast a down day and entered our positions just before 9:35 a.m. We exited at 9:35 a.m. for +41% in SPX and +44% in SPY.
Aggressive Trader
We entered our positions just before 9:35 a.m. We exited just after 9:40 a.m. for +18% in SPX and +17% in SPY.
Spread Trader
We held to the close for +48% ROM.
Late Day Trader
We entered our position just after 2:30 p.m. and exited just after 2:45 p.m. for -55%.
8/18/2026
Daily Outlook
We forecast a down day and entered our positions just before 9:35 a.m. We exited at 9:35 a.m. for -16% in SPX and -16% in SPY.
Aggressive Trader
We entered our positions just before 9:35 a.m. We exited just before 9:40 a.m. for -29% in SPX and -27% in SPY.
Spread Trader
We held to the close for +58% ROM.
Late Day Trader
No trade due to market conditions.
8/19/2026
Daily Outlook
We forecast an up day and entered our positions at 9:35 a.m. We exited just before 9:50 a.m. for -20% in SPX and -18% in SPY.
Aggressive Trader
We entered our positions at 9:35 a.m. We exited just before 9:50 a.m. for -35% in SPX and -33% in SPY.
Spread Trader
We exited early for +2% ROM.
Late Day Trader
No trade due to market conditions.
8/20/2026
Daily Outlook
We forecast a down day and entered our positions just after 9:35 a.m. We exited just after 9:40 a.m. for +4% in SPX and +2% in SPY.
Aggressive Trader
We entered our positions just after 9:35 a.m. We exited just after 10:05 a.m. for +30% in SPX and +23% in SPY.
Spread Trader
We exited early for +12% ROM.
Late Day Trader
We entered our position just before 3:35 p.m. and exited just after 3:45 p.m. for +3%.
8/21/2026
Daily Outlook
We forecast a down day and entered our positions just before 9:35 a.m. We exited just before 9:45 a.m. for -7% in SPX and -8% in SPY.
Aggressive Trader
We entered our positions just before 9:35 a.m. We exited just before 10:05 a.m. for -8% in SPX and -11% in SPY.
Spread Trader
We exited early for -2% ROM.
Late Day Trader
No trade due to market conditions.