Week in Review 2/5/2024-2/9/2024
It was a mixed week for us at SPX Option Trader. We had a very nice profit in the Aggressive and Spread Trader and small drawdown in the Daily Outlook. We ended this past week with -11% ROI in our SPX Daily Outlook trading, -11% ROI in our SPY Daily Outlook trading, +266% ROI in our SPX Aggressive Trader, +296% ROI in our SPY Aggressive Trader and +159% ROM in our SPX Spread Trader. Trading at historic levels is always difficult, and we saw that this past week. But once again the key to our long-term success is using the information provided in the Daily Outlook. With our market forecast and target levels, we are able to profit no matter if the bears or bulls are running. For example, this past week we had 100% accuracy in our SPY daily target forecasts. So, we look forward to another exciting week ahead day trading SPX and SPY weekly options. Below are our comments for each trading day of this past week.
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