Market Analysis and Straddle Adjustment Strategies (2024-09-18)

This is how the market looked yesterday:

And this is how it looks today:

Existing Positions

New Position

No news positions today.

Experiments

Some trades that I’m following to learn and try out other strategies.

0 DTE

/ESU24 Sep 18th 0DTE Short Straddle

Closed just before the Interest rate announcement for +$124.75 return since Sep 18, 2024 at 4:06 PM

2/3 DTE

/ESU24 Sep 19th 2/3DTE Short Straddle (Exp)

Closed for +$400 return since Sep 16, 2024 at 8:54 PM

/ESU24 Sep 20th 3DTE Short Straddle (Exp)

Closed for +$1,012 return since Sep 17, 2024 at 6:44 PM

/ESZ24 Sep 23rd 3DTE Short Straddle

7/8 DTE

/ESZ24 Sep 24th 7DTE Short Straddle (Exp)

The markets didn’t move much (yet) even after the announcements.

/ESZ24 Sep 25th 7DTE Short Straddle (Exp)

Keeping it on for now.

/ESZ24 Sep 26th 7DTE Short Straddle

Others

/ESU24 Sep 18th - Sep 20th (Exp)

Did really well. Closed for +$543.75 return since Sep 16, 2024 at 12:03 PM

/ESZ24 Sep 23rd - Sep 26th Diagonal IronFly