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Short SPX 1-DTE Straddles

Short SPX 1-DTE Straddles

Comparison between single point of entry short positions vs various intraday weighting schemes - June 2025 Update

Michael H.'s avatar
Michael H.
Jun 15, 2025
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Short SPX 1-DTE Straddles
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Quick update of the previous post:

Short SPX 1-DTE Straddles

Short SPX 1-DTE Straddles

Michael H.
·
July 19, 2024
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The post from last year pretty much top ticked the performance of rolling short SPX straddle strategies. We’ve seen near historic lows in realized vol around June/July last year, so the contrast so far ytd is evident.

With almost a year passing since the initial post, I’ve updated the performance of weighting schemes for July 2024 - May 2025 periods:

Note: Various weighting schemes compare single point of entry straddle performance from T-1 SPX close vs straddles opened at time X throughout the trading day. All performance numbers assume $200k SPX notional position sizing.

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