It was another profitable week for us at SPX Option Trader! ย We ended this past week with +99% ROI in our SPX Daily Outlook, +95% ROI in our SPY Daily Outlook, +88% ROI in our SPX Aggressive trader, +85% ROI in our SPY Aggressive trader, +124% ROI in our Late Day Trader and +39% ROM in our SPX Spread Trader. We only traded 3 days in our Outlook due to the FOMC meeting and overall market conditions.
While the volatility in the market continues, option pricesโthough still highโcame down enough to allow us to trade this week. We were able to profit nicely this week. Another reminder that we never force a trade, the goal is to make a profit over the longer term, even if that means not trading on certain days. Below are our comments for each day of this past week. ย We look forward to another exciting week ahead, day trading SPX and SPY 0DTE options.
3/17/2025
Daily Outlook
We forecast an up day in the market and entered our positions before 9:35 a.m. Today was a โHigh Volatility Tradeโ which means the trade is higher risk and we use our adjusted guidelines as discussed on the website. It was another fast trade today, as High Volatility trades often are.ย As the market quickly ran in our forecast direction we adjusted our trailing stop. As we hit over +85% in our option position we were using about a 15% trailing stop. As it pulled back, we exited our positions just after 9:45 a.m. for +75% in SPX and +69% in SPY. Another fast and profitable day! We look forward to what tomorrow will bring!
Aggressive Trader
We forecast an up day in the market and entered our positions before 9:35 a.m. We exited our positions just before 9:50 a.m. for +55% in SPX and +51% in SPY. Another profitable day and we look forward to what tomorrow will bring!
Spread Trader
We held our SPX Spread Trader position to the close for +37% ROM. Another profitable day and we look forward to what tomorrow will bring!
Late Day Trader
Just before 1:20 p.m. we entered a call option trade. The market went in our direction and then stalled near the 3rd target level of 5675 in SPX. Our option hit nearly +130%. We were using about a 25% trailing stop as well as watching that target level. As it started to pull back, we exited our position at 1:45 p.m. for a nice +103% profit. Given the volatility of the day, we werenโt willing to risk any further at this point in the day. So, a nice profitable day and we look forward to what tomorrow will bring!
3/18/2025
Daily Outlook
We forecast a down day in the market and entered our positions just before 9:35 a.m. Today was a โHigh Volatility Tradeโ which means the trade is higher risk and we use our adjusted guidelines as discussed on the website. It was another fast trade today, as High Volatility trades often are.ย As the market quickly ran in our forecast direction we adjusted our trailing stop. As we hit over +50% in our option position we were using about a 15% trailing stop. As it started to bounce, we exited our positions just after 9:40 a.m. for +36% in SPX and +40% in SPY. Another fast and profitable day! We look forward to what tomorrow will bring!
Aggressive Trader
We forecast a down day in the market and entered our positions just before 9:35 a.m. We exited our positions just before 9:50 a.m. for +56% in SPX and +59% in SPY. Another profitable day and we look forward to what tomorrow will bring!
Spread Trader
We held our SPX Spread Trader position to the close for +46% ROM. Another profitable day and we look forward to what tomorrow will bring!
Late Day Trader
Due to market conditions, there was no trade for us today.
3/19/2025
Daily Outlook
Due to market conditions, there was no trade for us today.
Aggressive Trader
Due to market conditions, there was no trade for us today.
Spread Trader
Due to market conditions, there was no trade for us today.
Late Day Trader
Due to market conditions, there was no trade for us today.
3/20/2025
Daily Outlook
Due to market conditions, there was no trade for us today.
Aggressive Trader
Due to market conditions, there was no trade for us today.
Spread Trader
We held our SPX Spread Trader position to the close for -40% ROM.ย Just didnโt go our way, so we shake it off and look forward to what tomorrow will bring.
Late Day Trader
Just after 2:25 p.m. we entered a put option trade. The market went in our direction and then stalled near the strike price. Our option hit nearly +50%. We were watching it closely, and as it started to rally, we exited our position just after 2:35 p.m. for a +9% profit. Given the volatility of the day, we werenโt willing to risk any further at this point in the day. So, a small profitable day and we look forward to what tomorrow will bring!
3/21/2025
Daily Outlook
We forecast a down day in the market and entered our positions before 9:35 a.m. Today was a โHigh Volatility Tradeโ which means the trade is higher risk and we use our adjusted guidelines as discussed on the website. It was another fast trade today, as High Volatility trades often are.ย As the market went in our forecast direction we adjusted our trailing stop. As we hit nearly +20% in our option position we were using about a 30% trailing stop. As it started to bounce, we exited our positions at 9:40 a.m. for -12% in SPX and -14% in SPY. We werenโt willing to risk any further downside given the recent volatility. A small drawdown today, but we shake it off and look forward to what next week will bring!
Aggressive Trader
We forecast a down day in the market and entered our positions before 9:35 a.m. We exited our positions just after 9:40 a.m. for -23% in SPX and -25% in SPY. Just didnโt go our way, so we shake it off and look forward to what next week will bring!
Spread Trader
We exited our SPX Spread Trade early for a return -4% ROM. A small drawdown today, but we shake it off and look forward to what next week will bring!
Late Day Trader
Just after 3 p.m. we entered a put option trade. The market went in our direction and then stalled. We were watching it very closely and as it started to bounce, we exited our position just after 3:10 p.m. for +13% profit. Given the volatility of the day, we werenโt willing to risk any further at this point. So, a small profitable day and we look forward to what next week will bring!
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