Quad Witching is creeping up o

Quad Witching is creeping up on us and I'm feeling pretty bearish about it. You know what that means? Time to get my hands dirty with some 0DTE options and brace myself for some downward movement.

The market's been looking shaky lately and I'm not feeling too confident about the future. Market makers might have an incentive to bring the markets down now that everyone is sooo long.

Plus historically this week is a very weak one for $S&P 500(.SPX)$ .Big red going into Friday! It's well worth looking up.

0DTE Options: Gambling or Good Tool?

4 kinds of derivatives expire on Quadruple witching day. This Friday will be the first quad witching day in 2024. Heavy trading volume makes the market highly volatile compared to normal days. Zero-day expiration (0DTE) options, also known as same-day expiration options, are options contracts that expire on the same day they are traded. This concept has been expanded: options expiring that week can also be counted as 0DTE. ---------------- Would you choose 0DTE options as Quad witching day is around the corner?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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