📅 Monday, August 18, 2025
📍 SPX at Entry: 6,450
Today I entered and exited a 7-lot SPX double calendar within the same session, capturing a quick win as the structure gained value into the close.
🔧 Trade Details
- Contracts: 7-lot
- Short Legs (Aug 20):
- 6400 Put (STO @ 4.49 cr)
- 6490 Call (STO @ 3.64 cr)
- Long Legs (Aug 25):
- 6400 Put (BTO @ 18.49 db)
- 6490 Call (BTO @ 18.59 db)
- Net Debit: 28.95
- Exit Credit: 29.30
- Profit: +0.35 pts × 7 = $245
- Capital Deployed: $20,265
- Return: ~1.2%
- DIT: 0 (same-day exit)
🧠 Strategy Commentary
The position was placed late in the day when SPX was balanced near 6450, giving a well-centered payoff curve. Minor premium expansion into the close allowed me to exit at favorable pricing with a low-stress, low-risk return.
✅ Recap
- Day: 36
- Strategy: SPX 2/7 DTE Double Calendar
- Profit: $245
- Return: ~1.2%
- Position Status: Closed (same day)
⚠️ 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.