Market Analysis and Straddle Adjustment Strategies (2024-09-19)

This is how the market looked yesterday:

And this is how it looks today:

Around 2% up move so upside is risky for all trades.

Existing Positions

New Position

No news positions today.

Experiments

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

0 DTE

2/3 DTE

/ESZ24 Sep 23rd 3DTE Short Straddle

7/8 DTE

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

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

/ESZ24 Sep 26th 7DTE Short Straddle

Others

/ESZ24 Sep 23rd - Sep 26th Diagonal IronFly