Siamese Straddles


#1

Here is a Siamese Straddle I did May 2,2016:

Sell 05/02/16 09:29:40 1 US Tech 100 (Jun) 4340.0-4370.0 (4:15PM) @ 4349.9 $-201.00 Buy 05/02/16 09:30:09 1 US Tech 100 (Jun) 4310.0-4350.0 (4:15PM) @ 4334.8 $-248.00 Buy to Close 05/02/16 14:43:02 1 US Tech 100 (Jun) 4340.0-4370.0 (4:15PM) @ 4359.1 $109.00 Sell to Close 05/02/16 14:43:23 1 US Tech 100 (Jun) 4310.0-4350.0 (4:15PM) @ 4347.6 $376.00

To place the trade,cost 449.00 and returned 485.00,

What have others discovered in placing these trades? To let it ride. Or since the risk on each one isn’t the same. To place a stop loss on the one that risks the most. In this case the BUY side To have the risk be the same on each,etc. Thanks


#2

Feel that the NQ could be a good market for Siamese straddles