It was a good January for us in our SPX Daily Outlook. We ended the month with +1,577% ROI in our SPX weekly option trading and +1,422% ROI in our SPY weekly option trading. It was a good start to the year, and February looks like it should be another great month. The extreme moves in the market we are seeing, are great for day traders. If the rest of February is anything like the first few days, we are going to be in for a wild ride ahead of us. The key is to stay consistent in our approach, and let the volatility come. For us as day traders the wilder the swings in the market, the better.

It was a back and forth week for us. We ended the week with +52% ROI in our SPX trading and -3% ROI in our SPY trading. We were on the right side of the huge sell off on Friday, but were taken out by the intraday swings rather early. That happens from time to time. But we continue to stay consistent and we anticipate another great month ahead. Here are the comments for each day’s trading over this past week.

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