Week in Review 1/29/2024-2/2/2024
It was another profitable month for us at SPX Option Trader! We ended the month of January with +166% ROI in our SPX Daily Outlook trading, +165% ROI in our SPY Daily Outlook trading, -213% ROI in our SPX Aggressive Trader, -185% ROI in our SPY Aggressive Trader and +57% ROM in our SPX Spread Trader. This past week was an abbreviated week with the FOMC meeting, and we had mixed results. We ended this past week with -41% ROI in our SPX Daily Outlook trading, -38% ROI in our SPY Daily Outlook trading, -184% ROI in our SPX Aggressive Trader, -162% ROI in our SPY Aggressive Trader and +18% ROM in our SPX Spread Trader. The market continues to trade at historic levels as we hit another new high this past week. When the market is trading at historic levels, it always makes trading extra challenging. But no matter what comes, we rely upon the information provided in the Daily Outlook for our roadmap each day. As we stay consistent in our approach, we achieve success! Below are our comments for each trading day of this past week.
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