We also ended May with strong results across all strategies. For the month, we finished with +163% ROI in SPX Daily Outlook, +164% ROI in SPY Daily Outlook, +209% ROI in SPX Aggressive Trader, +217% ROI in SPY Aggressive Trader, +10% ROI in Late Day Trader, and +168% ROM in SPX Spread Trader.
It was a good week and month for us at SPX Option Trader, and another reminder of the importance of staying consistent when following a strategy that has proven itself over time. The key to our success over the past decade has been a combination of a proven trading approach and the discipline to apply it consistently. We do not become overly excited after strong weeks, and we do not become overly concerned during drawdowns. Each day starts fresh, and we continue to follow our strategy with discipline.
This month also highlighted one of the key advantages of trading SPX and SPY 0DTE options: no overnight exposure. World news can certainly impact markets outside of regular trading hours, and traders holding positions overnight are exposed to that risk. That is not the case for us. We start each day fresh and end each day flat. Most of our positions are held for only a few minutes, and at most a few hours. That short-term exposure allows us to focus on intraday opportunity without needing to predict where the market will be days, weeks, or months from now.
No matter what comes in the month ahead, our approach remains the same. We will continue to rely on our Daily Outlook, manage trades according to plan, and stay disciplined through changing market conditions.
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.
5/25/2026
Markets were closed for Memorial Day.
5/26/2026
Daily Outlook
We forecast an up day and entered our positions just after 9:35 a.m. We exited at 9:50 a.m. for +44% in SPX and +43% in SPY.
Aggressive Trader
We entered our positions just after 9:35 a.m. We exited just before 9:55 a.m. for +11% in SPX and +11% in SPY.
Spread Trader
We exited early for +14% ROM.
Late Day Trader
We entered our position just at 2:10 p.m. and exited just before 2:25 p.m. for +50%.
5/27/2026
Daily Outlook
We forecast a down day and entered our positions at 9:35 a.m. We exited just before 9:45 a.m. for +61% in SPX and +71% in SPY.
Aggressive Trader
We entered our positions at 9:35 a.m. We exited just after 9:50 a.m. for +30% in SPX and +34% in SPY.
Spread Trader
We exited early for +2% ROM.
Late Day Trader
No trade due to market conditions
5/28/2026
Daily Outlook
We forecast a down day and entered our positions before 9:35 a.m. We exited at 9:45 a.m. for +2% in SPX and +1% in SPY.
Aggressive Trader
We entered our positions before 9:35 a.m. We exited just after 9:50 a.m. for -17% in SPX and -12% in SPY.
Spread Trader
We exited early for -2% ROM.
Late Day Trader
No trade due to market conditions
5/29/2026
Daily Outlook
We forecast an up day and entered our positions before 9:35 a.m. We exited just after 9:45 a.m. for +52% in SPX and +52% in SPY.
Aggressive Trader
We entered our positions before 9:35 a.m. We exited just before 10:05 a.m. for +57% in SPX and +55% in SPY.
Spread Trader
We exited early for +5% ROM.
Late Day Trader
No trade due to market conditions