Short week, small loss - Weekly summary (Jun 30 - July 4)
Shortened week.
Took a small loss.
Thursday was half day, so didn't bother trading (although probably should've).
Friday is "Independence Day" for the USA. Wonder if that is going to be renamed soon. 😅
Here's the trades from the past week:
Opened: #
| Ticker | Type | Entry Date | Expiry Date | Sell Strike | Buy Strike | Premium | Open Qty | Fee open | Net Premium |
|---|---|---|---|---|---|---|---|---|---|
| QQQ | BCS | 2025-06-30 | 2025-08-08 | 554 | 555 | 0.53 | 1 | 2.12 | 50.88 |
| SPY | Put Calendar (short) | 2025-07-01 | 2025-07-15 | 600 | 0 | 1.63 | 1 | 0.71 | 162.29 |
| SPY | Put Calendar (long) | 2025-07-01 | 2025-07-18 | 0 | 600 | -2.3 | 1 | 0.7 | -230.7 |
| SPY | Call Calendar (Short leg) | 2025-07-01 | 2025-07-15 | 630 | 0 | 1.72 | 1 | 0.71 | 171.29 |
| SPY | Call Calendar (Long leg) | 2025-07-01 | 2025-07-18 | 0 | 630 | -2.53 | 1 | 0.7 | -253.7 |
Trying out a new strategy ... the "double calendar". Found out about it on this Theta Profits interview.
It's supposed to work well in low VIX environments, as it will be profitable as volatility rises.
Don't really understand it. I also just realized that I entered on the wrong day. 😅
Closed / Expired: #
| Ticker | Type | Entry Date | Expiry Date | Sell Strike | Buy Strike | Premium | Open Qty | Fee open | Net Premium | Close Date | Close Cost | Close Qty | Fee close | Profit/Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SPY | BCS | 2025-05-22 | 2025-07-03 | 589 | 591 | 1.05 | 1 | 2.12 | 102.88 | 2025-07-03 | -2 | 1 | 0 | -97.12 |
| QQQ | BCS | 2025-05-27 | 2025-07-03 | 527 | 529 | 0.99 | 1 | 1.42 | 97.58 | 2025-07-03 | -2 | 1 | 0 | -102.42 |
| SPY | BPS | 2025-06-23 | 2025-08-15 | 552 | 547 | 0.51 | 1 | 2.12 | 48.88 | 2025-06-30 | -0.2 | 1 | 2.12 | 26.76 |
- Closed Net Profits/Loss: -$172.78
Couple losses on Option Alpha "trade ideas". Wondering if I should abandon that strategy. It's one of my bigger losers this year.
0DTE + 1DTE Trades #
| Ticker | Type | Entry Date | Expiry Date | Sell Strike | Buy Strike | Premium | Open Qty | Fee open | Net Premium | Exit Date | Close Cost | Close Qty | Fee close | Profit/Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SPX | BPS (IF) | 2025-06-27 | 2025-06-30 | 6180 | 6170 | 4.7 | 1 | 3.3 | 466.7 | 2025-06-30 | 0 | 1 | 0 | 466.7 |
| SPX | BCS (IF) | 2025-06-27 | 2025-06-30 | 6180 | 6185 | 2.25 | 1 | 3.3 | 221.7 | 2025-06-30 | -5 | 1 | 0 | -278.3 |
| SPX | BCS | 2025-07-01 | 2025-07-01 | 6220 | 6295 | 1.1 | 1 | 3.2 | 106.8 | 2025-07-01 | -2.3 | 1 | 1.65 | -124.85 |
| SPX | BCS | 2025-07-01 | 2025-07-01 | 6215 | 6290 | 1.05 | 1 | 3.2 | 101.8 | 2025-07-01 | -2.15 | 1 | 3.21 | -116.41 |
| SPX | BPS (IC) | 2025-07-01 | 2025-07-01 | 6175 | 6170 | 0.61 | 1 | 3.21 | 57.79 | 2025-07-01 | 0 | 1 | 0 | 57.79 |
| SPX | BCS (IC) | 2025-07-01 | 2025-07-01 | 6210 | 6215 | 1.04 | 1 | 3.3 | 100.7 | 2025-07-01 | 0 | 1 | 0 | 100.7 |
| SPX | BPS | 2025-07-01 | 2025-07-01 | 6160 | 6095 | 0.95 | 1 | 3.2 | 91.8 | 2025-07-01 | 0 | 1 | 3.21 | 88.59 |
| SPX | BPS | 2025-07-01 | 2025-07-01 | 6195 | 6140 | 1.2 | 1 | 3.2 | 116.8 | 2025-07-01 | -5.05 | 1 | 3.2 | -391.4 |
| SPX | BPS | 2025-07-02 | 2025-07-02 | 6175 | 6105 | 0.9 | 1 | 3.2 | 86.8 | 2025-07-02 | 0 | 1 | 0 | 86.8 |
| SPX | BPS (IC) | 2025-07-02 | 2025-07-02 | 6205 | 6200 | 0.94 | 1 | 3.3 | 90.7 | 2025-07-02 | 0 | 1 | 0 | 90.7 |
| SPX | BCS (IC) | 2025-07-02 | 2025-07-02 | 6225 | 6230 | 1.21 | 1 | 3.3 | 117.7 | 2025-07-02 | -2.42 | 1 | 0 | -124.3 |
| SPX | BPS | 2025-07-02 | 2025-07-02 | 6185 | 6115 | 0.95 | 1 | 3.2 | 91.8 | 2025-07-02 | 0 | 1 | 0 | 91.8 |
| SPX | BPS | 2025-07-02 | 2025-07-02 | 6205 | 6140 | 1.05 | 1 | 3.2 | 101.8 | 2025-07-02 | 0 | 1 | 0 | 101.8 |
- 0DTE/1DTE Closed Net Profits/Loss: $49.62
A win's a win.
Total Profit / Loss #
- 0DTE/1DTE trades = $49.62
- Other trades = -$172.78
NET PROFIT / LOSS = -$123.16
Notes, Lessons and Thoughts #
Short week, not much happening.
Keep coming across new strategies (this week was the "Double Calendar"). I don't have enough money to test them all out.
Thinking if I should drop a couple of strategies, or maybe find some more funds to load into my account.
Unfortunately, I don't have anymore funds 😂