📅 Wednesday, August 27, 2025
📌 Strategy: SPX 2/7 DTE Double Calendars
📈 Total P&L: $493
Today was another strong execution day. I managed two double calendar trades, both sized appropriately, and exited with solid intraday profits.
✅ Trade 1: Overnight 5-Lot
- Strikes: 6390P / 6500C
- Short Expiry: Aug 28
- Long Expiry: Sep 2
- Debit to Open: 16.25
- Credit to Close: 16.80
- Profit: +0.55 × 5 × 100 = $275
- Return: 3.39%
- Time in Trade: Overnight
- Status: Closed
✅ Trade 2: Intraday 4-Lot
- Strikes: 6415P / 6540C
- Short Expiry: Aug 29
- Long Expiry: Sep 3
- Debit to Open: 12.00
- Credit to Close: 12.60
- Profit: +0.60 × 4 × 100 = $240
- Reported P&L: $218
- Return: 4.5%
- Time in Trade: ~48 minutes
- Status: Closed
📊 Recap
| Trade | Size | Profit | Return | Duration |
|---|---|---|---|---|
| 1 | 5-lot | $275 | 3.39% | Overnight |
| 2 | 4-lot | $218 | 4.5% | ~48 min |
| $493 Total |
🧠 Takeaway
Both trades were highly structured and capitalized on intraday premium movement. Great example of scalable consistency using controlled size and clear exit rules.