Week in Review 10/16/17 – 10/20/17

The third week of October was a bit choppy for us. Month to date we are up 206% ROI for our SPX weekly option trading and +88% ROI for our SPY weekly trading. It is extremely difficult day trading when we are at historic levels in the markets, and we are seeing several tight range days. We need movement in the market to be successful in our option trading and so such tight days are difficult. Our Spread trades don’t need movement, and so they are a great way to profit in a very tight range market as we are seeing. We ended the week -15% ROI for our SPX weekly option trading, -39% ROI for SPY weekly option trading and +43% ROM for our SPX Spread Trader. Below are the comments of how we approached our trading each day this week.

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SPXOptionTrader2017-10-20T15:24:56-05:00

SPX Option Trader

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