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Options 1k

Short week - Weekly summary (July 28 - August 1)

Very short trading week to end the month of July.

Skipped Wednesday because it was FOMC, and skipped Thursday because it was end of month.

So, only 3 actual trading days.

Market seems to finally be correcting the last couple days. Some volatility is back, so next month might be interesting.

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
SPY BPS 2025-07-28 2025-09-19 601 596 0.47 1 2.51 44.49
SPY QQQ 2025-07-28 2025-09-05 571 573 1.1 1 2.11 107.89
IWM BPS (IC) 2025-07-30 2025-09-19 199 194 0.32 1 1.41 30.59
IWM BCS (IC) 2025-07-30 2025-09-19 245 250 0.45 1 1.41 43.59
SPY Put Calendar (short) 2025-07-30 2025-08-08 623 0 2.63 1 0.7 262.3
SPY Put Calendar (long) 2025-07-30 2025-08-11 0 623 -2.93 1 0.71 -293.71
SPY Call Calendar (Short leg) 2025-07-30 2025-08-08 645 0 0.9 1 0.7 89.3
SPY Call Calendar (Long leg) 2025-07-30 2025-08-11 0 645 -1.12 1 0.71 -112.71
T Covered Call 2025-08-01 2025-08-08 28 0 0.24 1 1.05 22.95
SPY BWB – Bull Put 2025-08-01 2025-08-22 609 601 1.37 1 1.4 135.6
SPY BWB – Bear Put 2025-08-01 2025-08-22 609 613 -0.89 1 0.71 -89.71

Another try with the double calendar trade on SPY.

With volatility increasing, I might finally get a win.

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
V BPS 2025-05-19 2025-08-15 325 315 0.9 1 2.12 87.88 2025-07-28 -0.4 1 2.11 45.77
SPY BCS 2025-06-18 2025-08-01 603 605 1.14 1 1.42 112.58 2025-08-01 -2 1 0 -87.42
IWM BCS 2025-06-18 2025-08-01 212 213 0.5 1 1.42 48.58 2025-08-01 -1 1 0 -51.42
QQQ BCS 2025-06-18 2025-08-01 540 542 0.99 1 1.42 97.58 2025-08-01 -2 1 0 -102.42
IWM BPS (IC) 2025-06-24 2025-08-15 189 179 0.48 1 3.1 44.9 2025-07-30 -0.07 1 1.41 36.49
IWM BCS (IC) 2025-06-24 2025-08-15 235 245 0.62 1 3.1 58.9 2025-07-30 -0.33 1 1.41 24.49
SPY BCS 2025-06-25 2025-08-01 613 615 1.03 1 1.42 101.58 2025-08-01 -2 1 0 -98.42
IWM BPS (IC) 2025-07-09 2025-08-22 195 190 0.23 1 1.41 21.59 2025-07-29 -0.08 1 1.41 12.18
IWM BCS (IC) 2025-07-09 2025-08-22 245 250 0.3 1 1.41 28.59 2025-07-29 -0.12 1 1.41 15.18
SPY BPS 2025-07-14 2025-08-29 589 584 0.5 1 2.11 47.89 2025-07-28 -0.2 1 2.11 25.78
MSFT BPS 2025-07-16 2025-10-17 445 430 1.47 1 1.41 145.59 2025-07-31 -0.28 1 1.41 116.18

Small loss, mainly due to some Option Alpha "Trade Ideas" that didn't work out.

It is by far my worst strategy so far, so will probably dump it by the end of the year if it keeps going like this.

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) 2025-07-25 2025-07-28 6385 6375 4.95 1 3.49 491.51 2025-07-28 0 1 0 491.51
SPX BCS (IF) 2025-07-25 2025-07-28 6385 6390 2.1 1 3.29 206.71 2025-07-28 -4.77 1 0 -270.29
SPX BPS (IC) 2025-07-25 2025-07-28 6370 6365 0.840000000000001 1 3.3 80.7000000000001 2025-07-28 0 1 0 80.7000000000001
SPX BCS (IC) 2025-07-25 2025-07-28 6415 6420 1.21 1 3.3 117.7 2025-07-28 0 1 0 117.7
SPX BPS 2025-07-28 2025-07-28 6410 6450 1.15 1 3.2 111.8 2025-07-28 0 1 0 111.8
SPX BPS 2025-07-29 2025-07-29 6370 6295 0.9 1 3.2 86.8 2025-07-29 -1.9 1 3.2 -106.4
SPX BCS 2025-07-29 2025-07-29 6405 6455 1.15 1 3.2 111.8 2025-07-29 0 1 0 111.8
SPX BPS (IC) 2025-07-29 2025-07-29 6360 6355 0.47 1 3.3 43.7 2025-07-29 0 1 0 43.7
SPX BCS (IC) 2025-07-29 2025-07-29 6395 6400 0.73 1 3.3 69.7 2025-07-29 0 1 0 69.7
SPX BCS 2025-07-29 2025-07-29 6395 6435 1.2 1 3.2 116.8 2025-07-29 0 1 0 116.8
SPX BCS 2025-07-29 2025-07-29 6385 6455 1.05 1 3.2 101.8 2025-07-29 0 1 0 101.8
SPX BPS 2025-08-01 2025-08-01 6200 6130 0.85 1 3.2 81.8 2025-08-01 -1.75 1 3.4 -96.6
SPX BCS 2025-08-01 2025-08-01 6265 6335 0.95 1 3.2 91.8 2025-08-01 -2 1 3.4 -111.6
SPX BPS 2025-08-01 2025-08-01 6205 6150 0.9 1 3.11 86.89 2025-08-01 0 1 3.4 83.49
SPX BPS (IC) 2025-08-01 2025-08-01 6225 6220 1.14 1 3.28 110.72 2025-08-01 0 1 0 110.72
SPX BCS (IC) 2025-08-01 2025-08-01 6250 6255 0.76 1 3.28 72.72 2025-08-01 0 1 0 72.72
SPX BCS 2025-08-01 2025-08-01 6235 6240 2.3 1 3.49 226.51 2025-08-01 -3.01 1 0 -74.49

Another good week for 0dte/1dte trades. Both were profitable, with both making around 50% of profits.

Total Profit / Loss #

NET PROFIT / LOSS = $789.45

Notes, Lessons and Thoughts #

Solid week to finish off the month.

Less trades (skipped two days), but still very proftiable. Sometimes, less is more.

Some more crazy Trump tariffs and poor economic news just hit to end the week, so next month might get a bit crazy.