Another profitable week for us at SPX Option Trader. We ended this week with +116% ROI in our SPY weekly option trading, +98% ROI in our SPX weekly option trading, -52 % ROI in our SPX Binary Trader and +5% ROM in our SPX Spread Trader. As the market hit new highs again this week, we saw a dramatic pullback and an increase in volatility. We saw several days this past week where we made a nice profit, but even greater profit was possible later in the day. While we were not able to ride them to their maximum profit, they were still nice days. The increase in Volatility could make trading next week challenging due to the resulting increase in options pricing. But if the options remain at tradeable levels, the larger intraday swings should make for some exciting trading in the weeks ahead.

We ended the month of August with -7% ROI in our SPY weekly option trading, -54% ROI in our SPX weekly option trading, +25 % ROI in our SPX Binary Trader and +64% ROM in our SPX Spread Trader. Our first down month in SPX weekly option trading since we began our service in 2016. But that does not concern us at all. While we had a small down month, our forecast % of accuracy continues to be in line with our historical averages. We see nothing out of the ordinary in our overall trading week to week. The market was at new highs this past month, and that always makes trading more difficult. We are still up nicely for the year and we look forward to what is ahead of us in the remainder of the year.  We are encouraged by the good start to the month of September!

The markets are closed on Monday for Labor Day, so we will return to normal trading on Tuesday, Sept 8^th. Have a great weekend!

Below are our comments for each day of this past week.

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