📅 Tuesday, September 2, 2025
📍 SPX at Entry: 6,396
📌 Position: 2/7 DTE SPX Double Calendar
📌 Status: Open (holding overnight)
Today I opened a 6-lot SPX double calendar trade as part of my new September execution plan, with the intention to hold overnight and let theta decay play out.
🔧 Trade Details
- Short Legs (Sep 4):
- 6330 Put (STO @ 9.38 cr)
- 6450 Call (STO @ 6.49 cr)
- Long Legs (Sep 9):
- 6330 Put (BTO @ 28.16 db)
- 6450 Call (BTO @ 24.56 db)
- Net Debit: 36.85
- Current Credit: 37.05
- Position Status: Open
- Capital Deployed: $22,110
🧠 September Strategy Update
This month, I’m shifting away from opportunistic daily trades and instead following a strict two-day trading schedule (Mon & Tue only) — consistent with my backtested September model, which historically performed best under this frequency.
Key Mindset Principles for September:
- ✅ Let theta work: Avoid exiting early with small profits
- 🚫 No mid-week chasing: Stick to Mon/Tue entries only
- ⚖️ Embrace stop-losses: They’re part of the math
- 💡 Law of Large Numbers: Trust the system over time
- 😌 Detach emotionally: No excitement on wins, no panic on losses
📎 Coming soon
I’ll attach and review my backtest results for September (2023 & 2024) in the next post — showing why this disciplined approach may deliver better long-term performance.
⚠️ Disclaimer
The information presented in this blog post is for educational and informational purposes only and is not intended as financial or investment advice. I am not a licensed financial advisor. All trading strategies discussed reflect my personal experience and are not recommendations to buy or sell any security or derivative.
Trading financial instruments such as options, futures, or stocks involves significant risk and may not be suitable for all investors. You should conduct your own research, consider your financial situation, and consult with a licensed financial advisor before making any investment decisions.
Past performance is not indicative of future results. Use of this information is at your own risk.