It was another profitable week for us at SPX Option Trader. We ended the week with +11% ROI in SPX Daily Outlook, +10% ROI in SPY Daily Outlook, +82% ROI in SPX Aggressive Trader, +88% ROI in SPY Aggressive Trader, +0% ROI in Late Day Trader, and +12% ROM in SPX Spread Trader. All strategies were profitable this week, and that was despite trading only one day in the Daily Outlook and Aggressive Trader.
This week we saw extreme volatility in the overall market, which led to elevated option pricing. Because of that, we did not trade four days this week in the Daily Outlook or Aggressive Trader. Those new to our service may find it surprising that we traded only one out of five days, but this is part of our process. We are not trying to trade every day. We are focused on trading only when conditions make sense.
The reason for passing on those days was not because the market failed to move. It was because option prices were extremely expensive at the time we would have needed to enter. With 0DTE options, direction alone is not enough. If the option price is too high, the risk-to-reward can become poor even if SPX later makes a large move.
We publish our market forecast every trading day, but knowing when not to trade is just as important as knowing when to trade. Traders can always choose to act on that information themselves. However, when option pricing or risk conditions keep us out of a trade, in our experience, the best decision is usually to stay on the sidelines and wait for a cleaner setup.
Our focus is not on forcing activity. It is on taking trades when the risk-to-reward is acceptable according to our analysis. Long-term results come from that discipline, including the decision to stay out when conditions do not justify a trade.
We discuss this topic further here: Why We Don’t Trade 0DTE Options Every Day.
We look forward to the week ahead as we continue trading SPX and SPY 0DTE options. The daily entries below are presented as a trade log showing the trading activity for each strategy. Times are referenced to the nearest 5-minute interval.
6/8/2026
Daily Outlook
No trade due to market conditions.
Aggressive Trader
No trade due to market conditions.
Spread Trader
We exited early for +4% ROM.
Late Day Trader
No trade due to market conditions.
6/9/2026
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 +11% in SPX and +10% in SPY.
Aggressive Trader
We entered our positions before 9:35 a.m. We exited at 9:50 a.m. for +82% in SPX and +88% in SPY.
Spread Trader
We exited early for -8% ROM.
Late Day Trader
No trade due to market conditions
6/10/2026
Daily Outlook
No trade due to market conditions.
Aggressive Trader
No trade due to market conditions.
Spread Trader
We exited early for +2% ROM.
Late Day Trader
No trade due to market conditions.
6/11/2026
Daily Outlook
No trade due to market conditions.
Aggressive Trader
No trade due to market conditions.
Spread Trader
We exited early for -2% ROM.
Late Day Trader
No trade due to market conditions.
6/12/2026
Daily Outlook
No trade due to market conditions.
Aggressive Trader
No trade due to market conditions.
Spread Trader
We exited early for +16% ROM.
Late Day Trader
No trade due to market conditions.