When someone does something really cool that took an outrageous amount of luck or effort. Sometimes it takes lots of planning.
Dude 1: I'm going to make this basket from 100 feet away!
Dude 2: Shit, can you really?
*Dude 1 makes the shot*
Dude 2: Shit Dude! That throw was calculated!
The use of various punctuation marks in an attempt to make a statement made via instant message seem more stern or serious. Often used by women when holding conversations online to make one feel ashamed and/or guilty.
The following is a typical use of calculated Punctuation:
Angrychick08: I'm very upset with you, Steven.
Angrychick08: Have you anything to say for Yourself?
GuiltySteven: im sooo sorry il never say another girlsname without your permission ever again
Angrychick08: Good boy.