Market Analysis and Straddle Adjustment Strategies (2024-10-04)
This is how the market looked yesterday:
And this is how it looks today:
Existing Positions
/ESZ24 Oct 11th 7/8DTE Short Straddle
Closed for +$587.50 (+10%) return since Oct 3, 2024 at 3:46 PM
New Position
/ESZ24 Oct 11th 7/8DTE Short Straddle
So far, +$275 (+5.3%) return since Oct 4, 2024 at 3:38 PM
Experiments
Some trades that I’m following to learn and try out other strategies.
0 DTE
2/3 DTE
/ESZ24 Oct 8th 3DTE Short Straddle (Exp)
Closed for +$893.50 (+21%) return since Oct 3, 2024 at 7:35 PM
/ESZ24 Oct 9th 3DTE Short Straddle
So far, +$568.75 (+15%) return since Oct 4, 2024 at 3:39 PM
7/8 DTE
/ESZ24 Oct 7th 7/8DTE Short Straddle (Exp)
Closed for +$1,725 (+25%) return since Sep 27, 2024 at 8:43 PM
/ESZ24 Oct 8th 7/8DTE Short Straddle (Exp)
Closed for +$1,193.50 (+16%) return since Sep 30, 2024 at 5:51 PM
/ESZ24 Oct 10th 7/8DTE Short Straddle (Exp)
Closed for +$1,037.50 (+20%) return since Oct 2, 2024 at 8:57 PM