Week in Review 3/18/2024-3/22/2024
It was a back and forth week for us at SPX Option Trader. It was an abbreviated trading week due to the FOMC meeting. We ended this past week with -20% ROI in our SPX Daily Outlook trading, -11% ROI in our SPY Daily Outlook trading, -82% ROI in our SPX Aggressive Trader, -82% ROI in our SPY Aggressive Trader and -57% ROM in our SPX Spread Trader. This is our first down week after 5 consecutive winning weeks in the Daily Outlook. Drawdowns happen, nothing to be concerned about. As we stay consistent in our trading approach, we are successful in the long term. We look forward to another exciting week ahead of us day trading SPX and SPY weekly options. Below are our comments for each trading day of this past week.
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