Day 123 — Two Carried Trades, Two Outcomes

Today’s results came entirely from positions that were already in motion — no new trades, no impulsive entries, just letting the automation and prior setups play out.
It’s one of those days that quietly reinforces what I’ve been working on: patience, trust, and process.

Both trades were carried over from earlier in the week, and though the results were mixed — one loss, one win — they perfectly illustrate how staying systematic matters more than being “right” on every setup.


💼 Trade 1 — 2/7 DTE Double Calendar (Opened Nov 10)

DetailValue
Opened OnMon, Nov 10, 2025 · 3:54 PM
Closed OnWed, Nov 12, 2025 · 3:18 PM
Underlying (SPX)6839 → 6848
Lot Size4
Debit Paid29.80
Credit Closed27.30
P/L– $1,022 (–8.6%)
ExpirationStrikeTypeActionQtyPrice
Nov 126775PSTO49.00 cr
Nov 126900CSTO44.40 cr
Nov 176775PBTO424.13 db
Nov 176900CBTO419.07 db

This trade was the smaller follow-up to my earlier 16-lot position (which ended green).
I held it for two days, giving automation full control to manage overnight theta decay.
But the market stayed stuck — SPX refused to trend or expand, holding in a tight range and flattening the entire volatility curve.
The result: a slow bleed that eroded both sides, ending in a modest 8.6% loss.

Even though it stung, it was also the lowest-stress loss I’ve had.
No panic, no manual adjustment — just rule-based exit, logged, and done.


💼 Trade 2 — 2/7 DTE Double Calendar (Opened Nov 11)

DetailValue
Opened OnTue, Nov 11, 2025 · 3:01 PM
Closed OnWed, Nov 12, 2025 · 9:30 AM
Underlying (SPX)6851
Lot Size4
Debit Paid30.25
Credit Closed31.50
P/L+ $478 (+3.9%)
ExpirationStrikeTypeActionQtyPrice
Nov 136795PSTO48.14 cr
Nov 136905CSTO44.40 cr
Nov 186795PBTO423.45 db
Nov 186905CBTO419.34 db

This was another carryover from the automation — a structured 2/7 DC that held overnight through calm price action.
The next morning, as theta kicked in and SPX stayed balanced between the shorts, the position naturally decayed in my favor.
Rather than overthink it, I followed the plan: exit once profit target was hit.

It’s not the size of the win that matters here — it’s the composure.
Holding overnight used to trigger anxiety. Now, it feels like just another data point.


🧠 Reflection

Both trades were out of my control — and that’s the point.
Automation handled them, I logged them, and I moved on.

The key takeaway?
Even when results diverge, consistency in process leads to consistency in mindset.
Today wasn’t about P/L — it was about proving that I can let the system breathe.

“Patience isn’t waiting — it’s what you do while you wait.”

⚠️ 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.

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