Market Analysis and Straddle Adjustment Strategies (2024-09-27)

This is how the market looked yesterday:

images/2024/09/26/1727382729.png

And this is how it looks today:

images/2024/09/27/1727466415.png

Existing Positions

/ESZ24 Oct 4th 7/8 DTE Short Straddle

So far, +$200 (+4.5%) return since Sep 26, 2024 at 3:07 PM

images/2024/09/27/1727466421.png

New Position

/ESZ24 Oct 1st 3DTE Short Straddle

So far, -$68.75 (-3%) return since Sep 27, 2024 at 4:12 PM

images/2024/09/27/1727466427.png

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

images/2024/09/27/1727466437.png

/ESZ24 Oct 7th 7/8DTE Short Straddle (Exp)

images/2024/09/27/1727466443.png

Others