Week in Review 8/12/2024-8/16/2024

It was a choppy week for us at SPX Option Trader. We ended this past week with -72% ROI in our SPX Daily Outlook trading, -69% ROI in our SPY Daily Outlook trading, -193% ROI in our SPX Aggressive Trader, -183% ROI in our SPY Aggressive Trader, -1% ROM in our SPX Spread Trader and -97% in our SPX Late Day Trader. Down days, weeks and months happen in day trading. This is nothing to be concerned about, but rather to be expected. We don’t like drawdowns, no one does. But we know that as we stay consistent in our trading, over the long term we are successful! We approach each day fresh and know that better trades are ahead of us! 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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2024-08-16T15:06:51-05:00

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