Week in Review 3/25/2024-3/29/2024
It was another profitable month for us at SPX Option Trader! We ended the month of March with +79% ROI in our SPX Daily Outlook trading, +110% ROI in our SPY Daily Outlook trading, -109% ROI in our SPX Aggressive Trader, -75% ROI in our SPY Aggressive Trader and +150% ROM in our SPX Spread Trader. This past week was an abbreviated trading week due to the holiday. It was a mixed week as we ended this past week with -4% ROI in our SPX Daily Outlook trading, +7% ROI in our SPY Daily Outlook trading, -134% ROI in our SPX Aggressive Trader, -125% ROI in our SPY Aggressive Trader and +37% ROM in our SPX Spread Trader. We’ve seen some volatile market action this past month with some huge intraday swings. Such activity is not uncommon when trading at new historic levels as we are. But the key to our success is using the information provided each day in the Daily Outlook. Once again, this past week we had 100% accuracy in both SPX and SPY daily target forecasts. The consistent reliability of our forecasts is why we achieve success in our trading as we stay consistent in our approach. We look forward to another exciting week and month ahead of us day trading SPX and SPY options. Below are our comments for each trading day of this past week.
As a reminder the markets are closed on Friday, March 29th. Normal trading activity will resume on Monday, April 1st. Enjoy the extended weekend!
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