Market Analysis and Straddle Adjustment Strategies (2024-10-08)
This is how the market looked yesterday:
And this is how it looks today:
Existing Positions
/ESZ24 Oct 15th 7/8DTE Short Straddle
So far, +$331.25 (+6.7%) return since Oct 7, 2024 at 3:23 PM
/ESZ24 Oct 10th 3DTE Short Straddle
Closed for +$525 (+14%) return since Oct 7, 2024 at 3:25 PM
New Position
Experiments
Some trades that I’m following to learn and try out other strategies.
0 DTE
/ESZ24 Oct 8th 5770/5795/5745 Iron Butterfly (Exp)
Closed for +$46.25 (+3.9%) return since Oct 8, 2024 at 2:54 PM
/ESZ24 Oct 8th 0DTE Short Straddle (Exp)
Closed for +$289.75 (+16%) return since Oct 8, 2024 at 2:53 PM