Market Analysis and Straddle Adjustment Strategies (2024-10-18)

This is how the market looked yesterday:

images/2024/10/17/1729195776-2.png

And this is how it looks today:

images/2024/10/19/1729325953-2.png

Positions

/ESZ24 Oct 24th 7/8DTE Short Straddle

Closed for +$1,037.50 (+13%) return since Oct 16, 2024 at 4:07 PM

/ESZ24 Nov 18th 1M Short Straddle

So far, +$631.25 (+6.3%) return since Oct 17, 2024 at 5:44 PM

images/2024/10/19/1729325953-3.png

Experiments

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

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

Closed for +$968.50 (+35%) return since Oct 17, 2024 at 5:32 PM

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

So far, +$1,191.25 (+11%) return since Oct 14, 2024 at 6:46 PM

images/2024/10/19/1729325953-4.png

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

So far, +$887.50 (+8.7%) return since Oct 13, 2024 at 9:55 AM

images/2024/10/19/1729325953-5.png

Short straddle on other symbols

Will only track on OptionStrat