As you can see, the Triple Calendar we are tracking this month is moving along just fine. We're now beyond 5% profit on our way to a target of about 15%. Thing are well centered, and once again we are in the do-nothing zone.
I wanted to take a moment, however, to reiterate the Calendar in context of the broader trade scheme. Notice the difference in Theta and Vega with and without the Calendar. I don't have a picture, but it's easy to subtract the Calendar Greeks from the total Greeks and imagine what things look like for the credit spreads alone. VERY short Vega, less Theta, etc. 
I have backtested this triple calendar strategy for five years, and have been trading it live for about two years. It's consistently profitable on it's own, but it's also an excellent tool to balance the overall Greeks of the other Delta neutral strategies.
Good Trading...
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