Week in Review 9/30/2024-10/4/2024

 

It was another profitable month and week for us at SPX Option Trader! We ended this past week with +128% ROI in our SPX Daily Outlook, +127% ROI in our SPY Daily Outlook, +75% ROI in our SPX Aggressive trader, +70% ROI in our SPY Aggressive trader, +146% ROI in our Late Day Trader, and +91% ROM in our SPX Spread Trader.

We ended the month of September with +494% ROI in our Late Day Trader, +293% ROM in our SPX Spread Trader, -39% ROI in our SPX Daily Outlook, -60% ROI in our SPY Daily Outlook, +42% ROI in our SPX Aggressive trader, and -9% ROI in our SPY Aggressive trader. While we had a small drawdown for the month in our Daily Outlook strategy, the Late Day Trader and Spread Trader had a great month. An advantage of trading several different strategies is the ability to spread out risk and increase profit potential.

Once again, we had 100% accuracy in forecasting the 1st target level in the SPY each day of this past week. Over the past month, the market has seen considerable volatility. Nevertheless, our steady approach and the guidance from the SPX Daily Outlook have been essential to our continued success. Each day, we begin with a renewed outlook, assured that our dedication to consistency will produce positive outcomes. Achieving long-term success in trading relies on adhering to a tested strategy, and as we uphold this discipline, positive results are bound to come. We’re excited for another exhilarating week and month of day trading SPX and SPY 0DTE options. Below, you’ll find our daily analysis for the week:

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