It was another wild ride in the markets this week. We were glad to see the pricing of the options came back down to a level where we felt comfortable trading this week. We had no trades on Monday and Tuesday due to the high prices. Yet, we were able to trade the rest of the week. So, this was an abbreviated trading week for us and we had one positive day and 2 negative days as we ended up the week -88% ROI for our SPX Weekly option trading and -86% ROI for our SPY weekly option trading. While clearly not a great week for us, at least we were able to start trading again. Unfortunately, draw downs are a part of trading, and while they are rare, down weeks do come. This was our 2nd down week for the year. So, we stay consistent and anticipate a better week ahead. Below are our comments on each day’s trading activity.This content is for members only.
Week in review 2/12/18-2/16/18