It was another profitable month and week for us at SPX Option Trader! We ended the month of May with +264% ROI in our SPX weekly option trading, +227% ROI in our SPY weekly option trading, and +110% ROM in our SPX Spread Trader. We ended this past week with +82% ROI in our SPX weekly option trading, +82% ROI in our SPY weekly option trading, and -11% ROM in our SPX Spread Trader. We missed several days of trading in May due to volatile market conditions, but were able to trade every day the market was open this past week. We are hopeful that option prices will remain lower in the month ahead, allowing us to trade on a more regular basis. But we don’t force any trades and simply wait for the odds to be in our favor. As we stay consistent in this approach we achieve success! Below are our comments for each trading day of this week:
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