Market Analysis and Straddle Adjustment Strategies (2024-09-23)
Missed Friday update. This is how the market looked yesterday:
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 (Exp)
Closed for +$628.25 return since Sep 18, 2024 at 8:36 PM
/ESZ24 Sep 26th 3DTE Short Straddle (Exp)
7/8 DTE
/ESZ24 Sep 24th 7DTE Short Straddle (Exp)
Closed for +$1,024.50 return since Sep 16, 2024 at 4:13 PM
/ESZ24 Sep 25th 7DTE Short Straddle (Exp)
Closed for +$1,124.50 return since Sep 17, 2024 at 6:42 PM
/ESZ24 Sep 26th 7DTE Short Straddle
Keeping it on for now.
/ESZ24 Sep 30th 7/8 DTE Short Straddle (Exp)
Closed for +$800 return since Sep 20, 2024 at 2:53 PM
/ESZ24 Oct 1st 7/8DTE Short Straddle (Exp)
Others
/ESZ24 Sep 23rd - Sep 26th Diagonal IronFly
Closed for -$501.25 return since Sep 18, 2024 at 8:41 PM The number of positions getting too much after adjustments.