📅 Wednesday, August 6, 2025
📍 SPX at Entry: 6,344
Today I opened a small 3-lot 2/7 DTE double calendar with strikes fairly spread out. This was a lighter position given the midday entry and uncertain price action.
🔧 Trade Details
- Contracts: 3-lot
- Short Legs (Aug 8):
- 6270 Put (STO @ 6.40 cr)
- 6400 Call (STO @ 3.85 cr)
- Long Legs (Aug 13):
- 6270 Put (BTO @ 20.80 db)
- 6400 Call (BTO @ 18.00 db)
- Net Debit: 28.55
🧠 Strategy Insight
This setup was placed closer to the middle of the day, using wide wings to give the trade room to breathe. With implied volatility holding steady and SPX in a defined range, the structure sets up well for potential theta gains over the next day.
✅ Recap
- Day: 24
- Strategy: SPX 2/7 DTE Double Calendar
- Capital Deployed: $8,565
- Position Status: Open
- Profit/Loss: To be determined
⚠️ 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.