Market Analysis and Straddle Adjustment Strategies (2024-09-26)
This is how the market looked yesterday:
And this is how it looks today:
Existing Positions
/ESZ24 Oct 2nd 7/8 DTE Short Straddle
Closed for +$387.50 (+10%) return since Sep 24, 2024 at 3:03 PM
New Position
/ESZ24 Oct 4th 7/8 DTE Short Straddle
Experiments
Some trades that I’m following to learn and try out other strategies.
0 DTE
2/3 DTE
/ESZ24 Sep 30th 3DTE Short Straddle (Exp)
So far, +$175 (+7.7%) return since Sep 26, 2024 at 3:49 PM
7/8 DTE
/ESZ24 Oct 1st 7/8DTE Short Straddle (Exp)
So far, +$806.25 (+22%) return since Sep 23, 2024 at 3:37 PM
Will keep it on for now to test adjustments.
/ESZ24 Oct 3rd 5775 7/8DTE Straddle (Exp)
So far, -$12.50 (-0.3%) return since Sep 25, 2024 at 6:31 PM
