As the journey nears its 100-day milestone, today reminded me why every trade — big or small — matters in the long-term curve.
Markets were relatively calm, and both my systems — the 2/7 DTE Double Calendar and the 9/23 DTE Double Calendar — lined up for entries.
The day ended with one quick winner and one small unrealized loss, both reinforcing the same lesson: consistency over excitement.
💼 Trade 1 – Quick Intraday Gain
| Detail | Value |
|---|---|
| Date Opened | Mon, Oct 20, 2025 – 3:05 PM |
| Date Closed | Mon, Oct 20, 2025 – 4:10 PM |
| Underlying (SPX) | 6740 |
| Lot Size | 8 |
| Initial Debit (Entry) | 35.40 |
| Exit Credit (Close) | 36.10 |
| Profit/Loss | +$515 |
| Return % | +1.8% |
| Holding Period | ~1 hour |
| Strategy | 2/7 DTE Double Calendar |
| Front Expiration | Oct 22, 2025 |
| Back Expiration | Oct 27, 2025 |
Option Legs
| Expiry | Strike | Type | Action | Qty | Price |
|---|---|---|---|---|---|
| Oct 22 | 6680 | P | STO | 8 | 8.79 cr |
| Oct 22 | 6785 | C | STO | 8 | 5.50 cr |
| Oct 27 | 6680 | P | BTO | 8 | 25.04 db |
| Oct 27 | 6785 | C | BTO | 8 | 24.65 db |
This was a clean and disciplined trade — no hesitation, no overthinking.
SPX stayed in range, and theta + short volatility compression worked exactly as expected.
💼 Trade 2 – Overnight 9/23 Double Calendar (Open)
| Detail | Value |
|---|---|
| Date Opened | Mon, Oct 20, 2025 – 10:05 AM |
| Underlying (SPX) | 6715 |
| Lot Size | 2 |
| Initial Debit (Entry) | 71.05 |
| Current Value (EOD) | 70.75 |
| Unrealized P/L | –$60 (–0.4%) |
| Strategy | 9/23 DTE Double Calendar |
| Front Expiration | Oct 29, 2025 |
| Back Expiration | Nov 12, 2025 |
| Status | Open – Carrying Overnight |
Option Legs
| Expiry | Strike | Type | Action | Qty | Price |
|---|---|---|---|---|---|
| Oct 29 | 6620 | P | STO | 2 | 32.95 cr |
| Oct 29 | 6800 | C | STO | 2 | 23.37 cr |
| Nov 12 | 6620 | P | BTO | 2 | 65.91 db |
| Nov 12 | 6800 | C | BTO | 2 | 61.46 db |
This longer-dated double calendar is a theta-focused setup intended to benefit from overnight time decay and mild volatility contraction.
While slightly red, it’s within expected range. The deltas are balanced, and the position will likely benefit if tomorrow’s session stays range-bound.
🧠 Reflections
It’s fitting that Day 99 mirrored the entire 100-day journey — one trade that went perfectly according to plan, and another that tested patience and discipline.
That’s trading in a nutshell: half technical, half psychological.
“Your trading edge doesn’t come from your chart setup — it comes from your mindset after placing the trade.”
🎯 The Countdown to 100
Just one more day before hitting the 100-Day Milestone of the challenge.
Tomorrow, I’ll reflect on this first chapter — the data, the discipline, and the evolution from trader to strategist.
For now, I’m grateful for how far this journey has come — not because of profits, but because of the mental transformation behind every decision.
⚠️ Disclaimer
The information presented in this blog post is for educational and informational purposes only and is not intended as financial or investment advice. I am not a licensed financial advisor. All trading strategies discussed reflect my personal experience and are not recommendations to buy or sell any security or derivative.
Trading financial instruments such as options, futures, or stocks involves significant risk and may not be suitable for all investors. You should conduct your own research, consider your financial situation, and consult with a licensed financial advisor before making any investment decisions.
Past performance is not indicative of future results. Use of this information is at your own risk.