📅 Monday, August 11, 2025
📍 SPX at Entry: 6,383
Today’s 2/7 DTE double calendar was executed smoothly, delivering a solid intraday profit of $999, with a return on risk of 4.8%.
🔧 Trade Details
- Contracts: 10-lot
- Short Legs (Aug 13):
- 6305 Put (STO @ 6.48 cr)
- 6445 Call (STO @ 4.89 cr)
- Long Legs (Aug 18):
- 6305 Put (BTO @ 17.16 db)
- 6445 Call (BTO @ 15.16 db)
- Net Debit: 20.95
- Exit Credit: 22.00
- Profit: +1.05 pts × 10 = $1,050
- Reported P&L (after costs): $999
🧠 Why It Worked
SPX stayed within the sweet spot of the calendar range, with minimal gamma exposure and mild IV support. The trade captured enough theta and vega edge intraday to justify closing before end-of-day noise.
✅ Recap
- Day: 29
- Strategy: SPX 2/7 DTE Double Calendar
- Capital Deployed: $20,950
- Profit: $999
- Return: 4.8%
- Status: Closed
⚠️ 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.