Today was a rollercoaster — the kind that tests not just a strategy, but a trader’s composure.
The morning started with my largest loss so far when the 2/7 DTE Double Calendar was automatically closed by the delta-rule.
But later in the afternoon, automation quietly redeemed the day with a fast 0DTE Iron Butterfly win, proving why having systems — not emotions — in control matters.
💼 Trade 1 — 2/7 Double Calendar (9-lot) — Delta Exit
| Parameter | Detail |
|---|---|
| Opened | Mon Nov 3 2025 · 3:01 PM |
| Closed | Wed Nov 5 2025 · 9:39 AM |
| Underlying | SPX @ 6857 → 6770 |
| Lot Size | 9 |
| Net Debit | 30.85 |
| Exit Credit | 27.05 |
| P/L | – $3,470 (– 12.5 %) |
| Expiry | 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 |
Summary:
SPX sold off hard in the morning; the short put’s delta > 0.70 triggered an automatic close.
Yes — I could have exited Monday with profit, but that would’ve meant abandoning the system.
Following the rules is the long-term win, even if today’s result stings.
⚙️ Trade 2 — 0DTE Iron Butterfly (1-lot) — Quick Recovery
| Parameter | Detail |
|---|---|
| Opened | Wed Nov 5 2025 · 1:45 PM |
| Closed | Wed Nov 5 2025 · 3:15 PM |
| Underlying | SPX @ 6828 |
| Lot Size | 1 |
| Net Credit | 7.95 cr |
| Exit Debit | 4.25 db |
| P/L | + $364 (+ 45.8 %) |
| Expiry | Strike | Type | Action | Qty | Price |
|---|---|---|---|---|---|
| Nov 5 | 6825 | P | STO | 1 | 4.85 cr |
| Nov 5 | 6830 | C | STO | 1 | 4.24 cr |
| Nov 5 | 6800 | P | BTO | 1 | 0.87 db |
| Nov 5 | 6855 | C | BTO | 1 | 0.27 db |
Summary:
This was a short-duration, high-probability 0DTE scalp entered by automation at 1:45 PM.
The trade benefited from mild intraday volatility contraction and closed cleanly for a +45 % gain — an encouraging contrast to the morning’s loss.
🧠 Reflection
Today encapsulated why rules matter more than emotions.
One automation protected me from further downside, the other exploited intraday opportunity — both operating without hesitation or bias.
Losses like these aren’t signs of failure; they’re the price of long-term consistency.
“Discipline means doing the right thing twice — once when it hurts, and once when it feels too easy.”
The goal isn’t to avoid red days, but to ensure they never spiral into emotional decisions.
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.