📅 Tuesday, August 5, 2025
📍 SPX at Entry: 6,307
Today I opened and closed a 2/7 DTE SPX double calendar, capturing a modest gain as the market remained range-bound.
🔧 Trade Details
- Contracts: 7-lot
- Short Legs (Aug 7):
- 6230 Put (STO @ 6.45 cr)
- 6365 Call (STO @ 4.65 cr)
- Long Legs (Aug 12):
- 6230 Put (BTO @ 22.33 db)
- 6365 Call (BTO @ 20.77 db)
- Net Debit: 32.00
- Exit Credit: 32.30
- Profit: +0.30 pts × 7 = $210
🧠 Why This Worked
This was a well-balanced structure with strikes about 70–75 points from spot on both sides. The market stayed contained and the position benefited from a small rise in premium going into the close.⚠️ 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.
⚠️ 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. Strategies discussed may not be appropriate for your situation. Past performance does not guarantee future results. Please do your own research or consult with a licensed financial advisor before making any investment decisions.