📈 Market Recap
- SPX Weekly Range: ~6300–6350 early week, drifted to mid-6340s by Wed
- VIX: Stayed low, around 12.5–13.1 — limited premium expansion
- Macro Events:
- Earnings season winding down
- No major economic reports during the week
- Quiet summer trading → low IV environment
⚙️ Executed Trades
📌 Day 22 — Double Calendar
- Entry: Mon, Aug 4
- Size: 8 lots
- Strikes: 6245P / 6375C
- Expirations: Shorts: Aug 6, Longs: Aug 11
- Debit Paid: 26.45
- Exit Credit: 27.85
- P/L: +$1,075 (5.1%)
- DIT: 1 day
📌 Day 23 — Double Calendar
- Entry: Tue, Aug 5
- Size: 7 lots
- Strikes: 6230P / 6365C
- Expirations: Shorts: Aug 7, Longs: Aug 12
- Debit Paid: 32.00
- Exit Credit: 32.30
- P/L: +$171 (0.8%)
- DIT: 1 day
📌 Day 24 — Double Calendar
- Entry: Wed, Aug 6
- Size: 3 lots
- Strikes: 6270P / 6400C
- Expirations: Shorts: Aug 8, Longs: Aug 13
- Debit Paid: 28.55
- Exit Credit: 29.10
- P/L: +$148 (1.7%)
- DIT: 1 day
💰 Weekly Summary
| Day | Strategy | Lots | P/L |
|---|---|---|---|
| 22 | Double Calendar | 8 | +$1,075 |
| 23 | Double Calendar | 7 | +$171 |
| 24 | Double Calendar | 3 | +$148 |
| Total | — | +$1,394 |
✅ Total Realized Profit: +$1,394
📈 Win Rate: 3/3 trades (100%)
📆 Avg Hold Time: 1 day per trade
📊 Weekly Profit % (on deployed capital): +7.6%
💵 Weekly Profit % (on $50,000 initial capital): +2.79%
📌 Observations
- All trades stayed well within breakeven zones — no stop loss triggers.
- Lower IV limited gains, but consistent profits each day.
- Smaller lot sizing mid-week reduced exposure during quieter market action.
🧠 Lessons Learned
- Consistency is key — quick exits kept win rate high.
- Low IV weeks favor taking base hits rather than swinging for home runs.
- Lot sizing flexibility (8 → 7 → 3) helped manage exposure.
⚠️ 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.