Market Analysis and Straddle Adjustment Strategies (2024-10-08)

This is how the market looked yesterday:

images/2024/10/07/1728328938.png

And this is how it looks today:

images/2024/10/08/1728416021.png

Existing Positions

/ESZ24 Oct 15th 7/8DTE Short Straddle

So far, +$331.25 (+6.7%) return since Oct 7, 2024 at 3:23 PM

images/2024/10/08/1728416032.png

/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

images/2024/10/08/1728416042.png

/ESZ24 Oct 8th 0DTE Short Straddle (Exp)

Closed for +$289.75 (+16%) return since Oct 8, 2024 at 2:53 PM

images/2024/10/08/1728416069.png

2/3 DTE

7/8 DTE

Others