Market Analysis and Straddle Adjustment Strategies (2024-10-17)

This is how the market looked yesterday:

And this is how it looks today:

Positions

/ESZ24 Oct 23rd 7/8DTE Short Straddle

Closed for +$612.50 (+15%) return since Oct 15, 2024 at 4:18 PM

/ESZ24 Oct 24th 7/8DTE Short Straddle

So far, +$893.75 (+11%) return since Oct 16, 2024 at 4:07 PM

/ESZ24 Nov 18th 1M Short Straddle

So far, +$293.75 (+2.9%) return since Oct 17, 2024 at 5:44 PM

Experiments

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

/ESZ24 Oct 21st 3/4DTE Short Straddle (Exp)

Closed for +$818.75 (+24%) return since Oct 15, 2024 at 9:54 PM

/ESZ24 Oct 21st 3/4DTE Short Straddle (Exp)

Closed for +$593.25 (+22%) return since Oct 16, 2024 at 8:52 PM

/ESZ24 Oct 22nd 3/4DTE Short Straddle (Exp)

So far, +$62.50 (+2.3%) return since Oct 17, 2024 at 5:32 PM

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

So far, +$943.75 (+8.7%) return since Oct 14, 2024 at 6:46 PM

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

So far, +$712.50 (+7%) return since Oct 13, 2024 at 9:55 AM

Short straddle on other symbols

TQQQ Oct 25th 74.5 Short Straddle

So far, +$15 (+3.6%) return since Oct 17, 2024 at 5:41 PM

NFLX Oct 25th 700 Short Straddle (Exp)

So far, +$315 (+5.3%) return since Oct 17, 2024 at 9:42 AM

TSLA Oct 25th 222.5 Short Straddle (Exp)

So far, +$95 (+5.1%) return since Oct 17, 2024 at 9:42 AM