This week featured a mix of double calendars, debit spreads, and quick scalps. While most trades were profitable, Friday ended flat after spreads offset each other. The week still closed green, pushing the challenge account near +24% in just nine weeks.
⚙️ Trade Log
Day 57 – Monday, Sept 8
- Trade 1: 9-Lot Double Calendar
- Underlying: SPX @ 6492
- Strikes: 6445P / 6530C
- Short Expiry: Sep 10 | Long Expiry: Sep 15
- Debit: 26.60 → Credit: 28.00
- P/L: +$1,210
- Return: +5.1%
- Capital Deployed: $23,940
- Time in Trade: Same-day exit (3:55 PM)
Day 59 – Wednesday, Sept 10
- ✅ Trade 1: Overnight 13-Lot Double Calendar
- Underlying: SPX @ 6509
- Strikes: 6455P / 6555C
- Debit: 18.80 → Credit: 19.00
- P/L: +$187
- Return: +0.8%
- 🤖 Trade 2: 0DTE Put Debit Spread (3-lot)
- Strikes: 6540P / 6460P
- Debit: 8.45 → Credit: 8.90
- P/L: +$127
- Return: +5.0%
- 🤖 Trade 3: 0DTE Call Debit Spread (3-lot)
- Strikes: 6545C / 6585C
- Debit: 8.15 → Credit: 8.90
- P/L: +$217
- Return: +8.9%
- ⚡ Trade 4: Quick Afternoon 2/7 DTE Double Calendar (2-lot)
- Underlying: SPX @ 6520
- Strikes: 6460P / 6570C
- Debit: 25.80 → Credit: 26.60
- P/L: +$149
- Return: +2.9%
- Time in Trade: ~30 minutes
Day 61 – Friday, Sept 12
- Trade 1: 0DTE Put Debit Spread (1-lot)
- Cost: 6.38 debit → Exit: 6.00 credit
- P/L: –$38
- Trade 2: 0DTE Call Debit Spread (1-lot)
- Cost: 8.07 debit → Exit: 8.10 credit
- P/L: +$3
📌 Net Result: ~Break-even day (–$35 total)
💰 Weekly Summary
| Day | Trades | P/L |
|---|---|---|
| 57 | Double Calendar (9-lot) | +$1,210 |
| 59 | DC + debit spreads + scalp (4 trades) | +$680 |
| 61 | 0DTE spreads (2 trades) | –$35 |
| Total | 7 trades | +$1,855 |
✅ Total Realized Profit (Week 9): +$1,855
📈 Win Rate: 6/7 (86%)
📊 Weekly Gain on $50k: +3.71%
📊 Cumulative Performance (Weeks 1–9)
| 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% |
| 6 | Aug 18 – Aug 22 | +$937 | +1.87% | $6,285 | +12.57% |
| 7 | Aug 24 – Aug 30 | +$2,033 | +4.07% | $8,318 | +16.64% |
| 8 | Sept 1 – Sept 5 | +$1,825 | +3.65% | $10,143 | +20.29% |
| 9 | Sept 8 – Sept 12 | +$1,855 | +3.71% | $11,998 | +23.99% |
🧠 Key Takeaways
- ✅ Another strong week – +3.71% gain keeps the account above the +20% milestone.
- ⚡ Scalping DCs and debit spreads worked well in fast-moving conditions.
- 📉 Small Friday loss – losses will happen, but were kept minimal.
- 🛡️ Risk discipline – Lot sizing stayed controlled even on multiple trade days.
🔮 Looking Ahead
- Stick with 3:05 PM core double calendar entries.
- Use 0DTE debit spreads selectively when momentum is strong.
- Focus on protecting the +24% cumulative buffer while allowing compounding to continue.
⚠️ 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. Past performance does not guarantee future results.
👉 After 9 weeks, the challenge account stands at $61,998 (+23.99%). Consistency has been the theme, but discipline during inevitable losing weeks will be critical to sustaining long-term compounding.