Week in Review 9/19/2022-9/23/2022

 

It was another profitable week for us at SPX Option Trader!    We ended this past week with +77% ROI in our SPX weekly option trading, +42% ROI in our SPY weekly option trading and +9% ROM in our SPX Spread Trader. Once again, we saw some extremely volatile trading this past week, and only traded 4 days due to the FOMC meeting. Despite the volatility we were able to achieve a nice profit once again by using the SPX Daily Outlook. Each trade this past week was a “High Volatility Trade”. These are trades that have higher risk, and we use our adjusted exit guidelines. Please be sure and review our trading guidelines if you aren’t familiar with these trades.  We look forward to another profitable week ahead of us day trading SPX and SPY weekly options! Below are our comments for each trading day of this week:

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