Market Analysis and Straddle Adjustment Strategies (2024-10-02)

This is how the market looked yesterday:

images/2024/10/01/1727808618.png

And this is how it looks today:

images/2024/10/02/1727899165.png

Existing Positions

/ESZ24 Oct 4th 7/8 DTE Short Straddle

Closed for +$587.50 (+8.5%) return since Sep 26, 2024 at 3:07 PM

images/2024/10/01/1727808627.png

/ESZ24 Oct 9th 7/8DTE Short Straddle

So far, +$587.50 (+11%) return since Oct 1, 2024 at 4:04 PM

images/2024/10/01/1727808633.png

New Position

/ESZ24 Oct 7th 3DTE Short Straddle (Exp)

Closed for +$137.50 (+3.2%) return since Oct 2, 2024 at 3:53 PM

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)

Closed for +$793.50 (+17%) return since Sep 30, 2024 at 7:38 PM

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

So far, +$362.50 (+5.7%) return since Oct 1, 2024 at 7:29 PM

images/2024/10/02/1727899173.png

7/8 DTE

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

So far, +$106.25 (+1.5%) return since Sep 27, 2024 at 8:43 PM

images/2024/10/02/1727899182.png

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

So far, -$200 (-2.8%) return since Sep 30, 2024 at 5:51 PM

images/2024/10/02/1727899188.png

/ESZ24 Oct 10th 7/8DTE Short Straddle (Exp)

images/2024/10/02/1727899197.png

Others**