Market Analysis and Straddle Adjustment Strategies (2024-10-03)
This is how the market looked yesterday:
And this is how it looks today:
Existing Positions
/ESZ24 Oct 9th 7/8DTE Short Straddle
Closed for +$800 (+14%) return since Oct 1, 2024 at 4:04 PM
New Position
/ESZ24 Oct 11th 7/8DTE Short Straddle
So far, +$87.50 (+1.5%) return since Oct 3, 2024 at 3:46 PM
Experiments
Some trades that I’m following to learn and try out other strategies.
0 DTE
2/3 DTE
/ESZ24 Oct 4th 3DTE Short Straddle (Exp)
Closed for +$1,025 (+16%) return since Oct 1, 2024 at 7:29 PM
/ESZ24 Oct 8th 3DTE Short Straddle (Exp)
So far, -$50 (-1.2%) return since Oct 3, 2024 at 7:35 PM
7/8 DTE
/ESZ24 Oct 7th 7/8DTE Short Straddle (Exp)
So far, +$412.50 (+5.9%) return since Sep 27, 2024 at 8:43 PM
/ESZ24 Oct 8th 7/8DTE Short Straddle (Exp)
So far, +$12.50 (+0.2%) return since Sep 30, 2024 at 5:51 PM
/ESZ24 Oct 10th 7/8DTE Short Straddle (Exp)
So far, +$75 (+1.4%) return since Oct 2, 2024 at 8:57 PM