Market Analysis and Straddle Adjustment Strategies (2024-10-14)

This is how the market looked yesterday:

And this is how it looks today:

Existing Positions

/ESZ24 Oct 18th 7/8DTE Short Straddle

So far, -$475 (-13%) return since Oct 11, 2024 at 7:57 PM

New Position

/ESZ24 Oct 18th 3DTE Short Straddle

So far, +$43.75 (+1.4%) return since Oct 14, 2024 at 3:29 PM

Experiments

Some trades that I’m following to learn and try out other strategies.

/ESZ24 Oct 16th 3DTE Short Straddle (Exp)

So far, -$612.50 (-16%) return since Oct 13, 2024 at 6:08 PM

/ESZ24 Oct 28th 14DTE Short Straddle (Exp)

So far, -$106.25 (-2.1%) return since Oct 14, 2024 at 6:46 PM

/ESZ24 Nov 12th 1M Short Straddle (Exp)

So far, -$562.50 (-5.5%) return since Oct 13, 2024 at 9:55 AM