Market Analysis and Straddle Adjustment Strategies (2024-09-27)
This is how the market looked yesterday:
And this is how it looks today:
Existing Positions
/ESZ24 Oct 4th 7/8 DTE Short Straddle
So far, +$200 (+4.5%) return since Sep 26, 2024 at 3:07 PM
New Position
/ESZ24 Oct 1st 3DTE Short Straddle
So far, -$68.75 (-3%) return since Sep 27, 2024 at 4:12 PM
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)
Closed for +$668.50 (+29%) return since Sep 26, 2024 at 3:49 PM
7/8 DTE
/ESZ24 Oct 1st 7/8DTE Short Straddle (Exp)
Closed for +$1,225 (+33%) return since Sep 23, 2024 at 3:37 PM
/ESZ24 Oct 3rd 5775 7/8DTE Straddle (Exp)
So far, +$306.25 (+8.3%) return since Sep 25, 2024 at 6:31 PM
/ESZ24 Oct 7th 7/8DTE Short Straddle (Exp)