Market Analysis and Straddle Adjustment Strategies (2024-10-07)
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 +$662.50 (+13%) return since Oct 4, 2024 at 3:38 PM
New Position
/ESZ24 Oct 15th 7/8DTE Short Straddle
So far, -$443.75 (-8.9%) return since Oct 7, 2024 at 3:23 PM
/ESZ24 Oct 10th 3DTE Short Straddle
So far, -$568.75 (-16%) return since Oct 7, 2024 at 3:25 PM
Experiments
Some trades that I’m following to learn and try out other strategies.
0 DTE
2/3 DTE
/ESZ24 Oct 9th 3DTE Short Straddle
Closed for +$668.50 (+17%) return since Oct 4, 2024 at 3:39 PM