It was another profitable week for us at SPX Option Trader! We ended this past week with +175% ROI in our SPX Daily Outlook, +163% ROI in our SPY Daily Outlook, +83% ROI in our SPX Aggressive trader, +73% ROI in our SPY Aggressive trader, +113% ROI in our Late Day Trader, and -6% ROM in our SPX Spread Trader.  As the S&P 500 pulls back from last week’s historic highs, long-term investors are debating whether to buy or sell. Will the market rally continue, or is a significant drop on the horizon? For us as day traders, the long-term market direction doesn’t matter—and that’s our advantage. Day trading is all about focusing on what the market is doing today. While others speculate about long-term trends, we rely on the SPX Daily Outlook and our market forecast to consistently stay on the right side of daily moves.

This approach allows us to profit in any type of market—whether it’s trending up, down, or moving sideways. By tuning out the noise of long-term predictions and concentrating solely on today’s price action, we see steady account growth and reliable profits. That’s the beauty of day trading with SPX Option Trader. No guessing, no waiting—just actionable insights and proven strategies that work in real-time. We look forward to another exciting week ahead, day trading SPX and SPY 0dte options. Below are our comments for each trading day of this past week.

12/9/2024

Daily Outlook

We forecast a down day in the market and entered our positions before 9:35 a.m. due to market conditions. As the market traded in a fairly tight range we moved our stop level to just above the high of the day after 9:45 a.m. The market finally started to drop just after 10 a.m. As we hit over +40% in our option position we started using about a 30% trailing stop. There was a very fast bounce and as it did, we exited our positions just before 10:20 a.m. for +13% in SPX and +9% in SPY. After that bounce, the sell-off did continue and greater profit was possible later in the day.

Today, we missed the big run. While our forecast was accurate, a bounce triggered our exit, resulting in a small profit before the market dropped further. It can be frustrating when this happens, but it’s a normal part of trading SPX and SPY options. Staying disciplined and sticking to our trading strategy most often protects us from larger losses. Sometimes, we miss out on bigger gains, but consistent trading is key. While we didn’t capture the full move today, we know there’s always another opportunity tomorrow. So today was another profitable day and we look forward to what tomorrow will bring!

Aggressive Trader

We forecast a down day in the market and entered our positions before 9:35 a.m. due to market conditions. We adjusted our stop level as the market moved at exited our positions just after 10:20 a.m. for +4% in SPX and +2% in SPY. A small but profitable day and we look forward to what tomorrow will bring!

Spread Trader

We held our SPX Spread Trader position to the close for +50% ROM.   Another profitable day and we look forward to what tomorrow will bring

Late Day Trader

At 2:40 p.m. we entered a put option trade. We hit over +70% in our option position and then the market started to bounce. Given the time of day, we were watching this very closely. As it came back to our strike price we exited our position at 3:10 p.m. for +13%. We just weren’t willing to risk any further downside given the volatility and time of day. So a small but profitable day and we look forward to what tomorrow will bring!

12/10/2024

Daily Outlook

We forecast an up day in the market and entered our positions just after 9:40 a.m. due to market conditions. As the market quickly ran in our forecast direction we hit +55% in our option positions. So, we adjusted our trailing stop to about 25%. As it pulled back from the high, we exited our positions just before 9:50 a.m. for +35% in SPX and +33% in SPY. Another profitable day and we look forward to what tomorrow will bring!

Aggressive Trader

We forecast an up day in the market and entered our positions just after 9:40 a.m. due to market conditions. We adjusted our stop level as the market moved at exited our positions just after 9:50 a.m. for +0% in SPX and -7% in SPY. Basically, a flat day for us and we look forward to what tomorrow will bring!

Spread Trader

We held our SPX Spread Trader position to the close for -56% ROM.   Just didn’t go our way, so we shake it off and look forward to what tomorrow will bring.

Late Day Trader

Due to market conditions, there was no trade for us today.

12/11/2024

Daily Outlook

We forecast an up day in the market and entered our positions just before 9:35 a.m. As the market ran in our forecast direction and we hit +40% in our option positions, we adjusted our trailing stop to about 25%. The run stalled near the 1^st target level in the SPX, and we were watching it very closely. The market started to reverse direction and as it did, we exited our positions at 10 a.m. for +24% in SPX and +24% in SPY. Fast reversals off target levels are always concerning for us, and why we chose to exit at this point. So, another profitable day and we look forward to what tomorrow will bring!

Aggressive Trader

We forecast an up day in the market and entered our positions just before 9:35 a.m. We adjusted our stop level as the market moved at exited our positions just after 10:15 a.m. for +49% in SPX and +52% in SPY. Another profitable day and we look forward to what tomorrow will bring!

Spread Trader

There was no trade in our SPX Spread Trader as we were unable to get our desired minimum credit.

Late Day Trader

Due to market conditions, there was no trade for us today.

12/12/2024

Daily Outlook

We forecast a down day in the market and entered our positions before 9:35 a.m. due to fast moving market conditions. Initially we were focused on the daily target levels as our possible stop level. But as the market started to drop, we adjusted our trailing stop level. As we hit over +75% in our option position we started using about a 15% trailing stop. The market started to bounce and as it did, we exited our positions just after 10:10 a.m. for +64% in SPX and +54% in SPY. So, another profitable day and we look forward to what tomorrow will bring!

Aggressive Trader

We forecast a down day in the market and entered our positions before 9:35 a.m. due to fast moving market conditions. We adjusted our stop level as the market moved at exited our positions just after 10:15 a.m. for +25% in SPX and +21% in SPY. Another profitable day and we look forward to what tomorrow will bring!

Spread Trader

There was no trade in our SPX Spread Trader as we were unable to get our desired minimum credit.

Late Day Trader

At 1:30 p.m. we entered a put option trade. The market bounced around and finally started to drop very quickly and we hit over +150% in our option position. We were watching this very closely. The market started to rally as fast as it had dropped, so we quickly exited our position just after 2 p.m. for +100%.  Another profitable day and we look forward to what tomorrow will bring!

12/13/2024

Daily Outlook

We forecast an up day in the market and entered our positions just before 9:35 a.m. Initially we were focused on the daily target levels as our possible stop level. As the market started to rally, we adjusted our trailing stop level. As we hit over +60% in our option position we started using about a 20% trailing stop. The market started to pull back and as it did, we exited our positions just before 9:50 a.m. for +38% in SPX and +42% in SPY. So, another profitable day and we look forward to what next week will bring!

Aggressive Trader

We forecast an up day in the market and entered our positions just before 9:35 a.m. We adjusted our stop level as the market moved at exited our positions just after 9:50 a.m. for +6% in SPX and +6% in SPY. Another profitable day and we look forward to what next week will bring!

Spread Trader

We exited our SPX Spread Trade early for a return +0% ROM. A flat day and we look forward to what next week will bring!

Late Day Trader

Due to market conditions, there was no trade for us today.