Today was about quiet execution — two different double-calendar setups, both aligned with the plan but executed at different times of day.
After multiple weeks of early exits, I wanted to reinforce patience and give the trades enough room for overnight theta decay to work.
💼 Trade 1 — 9/23 DTE Double Calendar (Opened Morning)
| Parameter | Detail |
|---|---|
| Opened On | Mon Nov 3 2025 · 9:36 AM |
| Underlying | SPX @ 6865 |
| Net Debit | 76.00 |
| Current Value | 76.05 |
| Lot Size | 2 contracts |
| P/L | +$10 (+0.1 %) |
| Status | Open — Holding Overnight |
| Expiration | Strike | Type | Action | Qty | Price |
|---|---|---|---|---|---|
| Nov 12 | 6760 | P | STO | 2 | 24.89 cr |
| Nov 12 | 6960 | C | STO | 2 | 18.34 cr |
| Nov 26 | 6760 | P | BTO | 2 | 61.09 db |
| Nov 26 | 6960 | C | BTO | 2 | 58.14 db |
This setup captured a smooth implied-volatility structure — ideal for slow theta accrual.
Instead of closing early for a negligible gain, I’m keeping it open through the overnight cycle to test how this longer-dated calendar behaves mid-cycle.
💼 Trade 2 — 2/7 DTE Double Calendar (Opened Afternoon)
| Parameter | Detail |
|---|---|
| Opened On | Mon Nov 3 2025 · 3:01 PM |
| Underlying | SPX @ 6857 |
| Net Debit | 30.85 |
| Current Value | 31.45 |
| Lot Size | 9 contracts |
| P/L | +$540 (+1.9 %) |
| Status | Open — Holding Overnight |
| Expiration | Strike | Type | Action | Qty | Price |
|---|---|---|---|---|---|
| Nov 5 | 6795 | P | STO | 9 | 8.30 cr |
| Nov 5 | 6905 | C | STO | 9 | 5.80 cr |
| Nov 10 | 6795 | P | BTO | 9 | 22.57 db |
| Nov 10 | 6905 | C | BTO | 9 | 22.38 db |
This one followed the standard automation schedule — a clean Monday 2/7 entry near the center of the range.
Instead of grabbing the quick 2% gain, I decided to let the system’s edge — time decay + volatility stability — play out overnight.
🧠 Reflection
Both positions reinforce the same lesson: discipline isn’t about finding more trades; it’s about giving good ones time to work.
The temptation to exit early is always there — especially when you see green numbers on the screen — but true consistency means staying mechanical.
Whether tomorrow brings a gain or a loss, the act of sticking to process builds trust in the system.
“Small decisions, repeated with discipline, compound into confidence.”
⚠️ 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.