Week in Review 7/15/2024-7/19/2024

It was a mixed week for us at SPX Option Trader. We ended this past week with +138% ROI in our SPX Aggressive Trader, +148% ROI in our SPY Aggressive Trader, -62% ROI in our SPX Daily Outlook trading, -63% ROI in our SPY Daily Outlook trading, and +60% ROM in our SPX Spread Trader. We had 100% accuracy in forecasting the 1^st target level in the SPY each day of this past week. As always, the accuracy of our daily forecast is the key to our trading. We approach each day fresh. By using the information provided in the SPX Daily Outlook we are able to successfully trade each day. It doesn’t matter about the overall direction of the market. All we care about is where the market is headed today. It is this singular focus that allows us to be successful over the long term. So, we look forward to another great week ahead of us, day trading SPX and SPY options on expiration day. Below are our comments for each trading day of this past week.

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2024-07-19T15:05:37-05:00

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