Selling Theta (straddle) seems does not kick ass so much at the beginning. Can somebody recommend any strategies for beginning of the month? For moving/slow markets?
1) Window Undressing.......to reverse the end-of-the-month, window dressing from the prior month. 2) You can also have "build up" going into the non-farm payroll report.
I think you should sell a wide spread, just to be on the safe side. If market is still, your position's options will be decayed, earning money.