The SPX 2/7 DTE Double Calendar Strategy has now completed five weeks. The results show steady progress, small drawdowns, and some lessons learned about managing risk in low volatility conditions.
📈 Weekly Results
| Week | Dates | P/L | % Gain (on $50k) | Cumulative P/L | Cumulative % |
|---|---|---|---|---|---|
| 1 | Jul 14 – Jul 18 | +$1,231 | +2.46% | $1,231 | +2.46% |
| 2 | Jul 21 – Jul 25 | +$1,722 | +3.44% | $2,953 | +5.91% |
| 3 | Jul 28 – Aug 1 | +$660 | +1.32% | $3,613 | +7.23% |
| 4 | Aug 4 – Aug 8 | +$1,394 | +2.79% | $5,007 | +10.01% |
| 5 | Aug 11 – Aug 15 | +$341 | +0.68% | $5,348 | +10.70% |
📊 Overall Performance After 5 Weeks
- Starting Capital: $50,000
- Total Net Profit: $5,348
- Account Balance: $55,348
- Overall Growth: +10.70%
🧠 Key Insights from 5 Weeks
- ✅ Consistency pays off – Every week ended green despite a few losing trades.
- ⚠️ Flat markets hurt DCs – Week 5’s largest loss came when SPX pinned near the shorts.
- 🎯 Quick exits reduce risk – Closing positions the next day after entry has kept drawdowns shallow.
- 📉 Lot sizing discipline – Adjusting contracts (8-lot → 7-lot → 3-lot) based on market conditions helps smooth equity curve.
- 🛡️ Iron Fly hedges work – They’ve added incremental profit and helped in choppy conditions.
🔮 Looking Ahead
- Continue opening 2/7 Double Calendar entries on Mon & Tuesday
- Keep sizing adaptive to volatility.
- Use Iron Flys more aggressively when SPX sits flat.
- Watch CPI/NFP weeks carefully for IV expansion opportunities.
👉 After 5 weeks, the challenge account is up +10.70%. Steady growth, low drawdowns, and valuable lessons — exactly what this 1000-day journey is about.⚠️ Disclaimer: This is my personal trading journal, shared for educational purposes only. Nothing here is financial advice or a recommendation to buy, sell, or trade. Please do your own research and understand the risks before making any trading decisions.
⚠️ Disclaimer
This blog is for educational and documentation purposes only. It reflects my personal trading journey and is not financial advice. Options trading involves significant risk and is not suitable for all investors. Strategies discussed may not be appropriate for your situation. Past performance does not guarantee future results. Please do your own research or consult with a licensed financial advisor before making any investment decisions.