
It was a choppy week for us at SPX Option Trader. We ended the week with -11% ROI in SPX Daily Outlook, -18% ROI in SPY Daily Outlook, -49% ROI in SPX Aggressive Trader, -54% ROI in SPY Aggressive Trader, -33% ROI in Late Day Trader, and -40% ROM in SPX Spread Trader.
We had a drawdown across all strategies this week after eight consecutive positive weeks in the SPX Daily Outlook. This was also the first time in seven months that all strategies finished negative for the week. That is a rare occurrence, but it does happen.
Drawdowns are never enjoyable, but they are an inevitable part of trading. Not every day, week, or month will be profitable. We only trade when conditions are favorable, but there is never a guarantee of profit on any given day. Day trading 0DTE options is not a profession where a trader should realistically expect profit every day or every week.
What matters is how those periods are handled. A down week does not change our process. We continue to follow the same approach that has guided us since 2016: clear market forecasts, disciplined trade alerts, controlled exits, and no overnight positions.
This was a down week, but it does not change our process or long-term focus. Every strategy will go through weaker stretches. The focus is not on one day or one week. The focus is on applying the strategy consistently over time and allowing the long-term results to play out.
We look forward to the week ahead as we continue trading SPX and SPY 0DTE options. 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.
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7/6/2026
Daily Outlook
We forecast an up day and entered our positions before 9:35 a.m. We exited just after 9:35 a.m. for -24% in SPX and -29% in SPY.
Aggressive Trader
We entered our positions before 9:35 a.m. We exited at 10 a.m. for -33% in SPX and -34% in SPY.
Spread Trader
We exited early for +8% ROM.
Late Day Trader
We entered our position just after 2:25 p.m. and exited just after 2:30 p.m. for -33%.
7/7/2026
Daily Outlook
We forecast an up day and entered our positions before 9:35 a.m. We exited just after 9:50 a.m. for -39% in SPX and -42% in SPY.
Aggressive Trader
We entered our positions before 9:35 a.m. We exited just after 9:50 a.m. for -45% in SPX and -48% in SPY.
Spread Trader
We held to the close for -68% ROM.
Late Day Trader
No trade due to market conditions.
7/8/2026
Daily Outlook
No trade due to market conditions.
Aggressive Trader
No trade due to market conditions.
Spread Trader
We exited early for +12% ROM.
Late Day Trader
No trade due to market conditions.
7/9/2026
Daily Outlook
We forecast an up day and entered our positions before 9:35 a.m. We exited just before 9:40 a.m. for +58% in SPX and +63% in SPY.
Aggressive Trader
We entered our positions before 9:35 a.m. We exited just before 9:50 a.m. for +54% in SPX and +55% in SPY.
Spread Trader
We exited early for +12% ROM.
Late Day Trader
No trade due to market conditions.
7/10/2026
Daily Outlook
We forecast an up day and entered our positions before 9:35 a.m. We exited just at 9:40 a.m. for -5% in SPX and -10% in SPY.
Aggressive Trader
We entered our positions before 9:35 a.m. We exited at 9:40 a.m. for -25% in SPX and -27% in SPY.
Spread Trader
We exited early for -4% ROM.
Late Day Trader
No trade due to market conditions.
