Market Analysis and Straddle Adjustment Strategies (2024-10-01)

This is how the market looked yesterday:

images/2024/09/30/1727721641.png

And this is how it looks today:

images/2024/10/01/1727808618.png

Existing Positions

/ESZ24 Oct 4th 7/8 DTE Short Straddle

So far, +$243.75 (+5.5%) return since Sep 26, 2024 at 3:07 PM

images/2024/10/01/1727808627.png

New Position

/ESZ24 Oct 9th 7/8DTE Short Straddle

So far, -$37.50 (-0.7%) return since Oct 1, 2024 at 4:04 PM

images/2024/10/01/1727808633.png

Experiments

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

0 DTE

2/3 DTE

/ESZ24 Oct 3rd 3DTE Short Straddle (Exp)

images/2024/09/30/1727721648.png

7/8 DTE

/ESZ24 Oct 3rd 7/8DTE Straddle (Exp)

Closed for +$681 (+18%) return since Sep 25, 2024 at 6:31 PM

/ESZ24 Oct 3rd 3DTE Short Straddle (Exp)

So far, +$62.50 (+1.9%) return since Sep 30, 2024 at 7:38 PM

/ESZ24 Oct 4th 3DTE Short Straddle (Exp)

So far, +$25 (+0.6%) return since Oct 1, 2024 at 7:29 PM

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

So far, +$75 (+1.6%) return since Sep 27, 2024 at 8:43 PM

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

So far, -$112.50 (-2.4%) return since Sep 30, 2024 at 5:51 PM

Others