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?

Regarding IWM's Price Action

Small Caps McClellan Oscillator & $iShares Russell 2000 ETF(IWM)$ The recent bounce in the McClellan oscillator for Small Caps didn't make it above the neutral zone, that shows weakness as highlighted from previous occurrences.Here's why the zero level matters:1) It acts as a baseline for the oscillator's movement.2) Observing how the oscillator behaves around zero can provide clues about the strength of the current trend and the potential for trend changes.3) It can also help identify divergences between the oscillator and the price movement of an index, which can be a significant signal for potential trend reversals.Regarding IWM's Price Action:The days of higher highs and higher lows seem like a thing of the past. The 50-day moving average h
Regarding IWM's Price Action

Options Spy | Stocks Hit New Highs, Options Trading Signals Divergence

Despite lower bond yields and the emergence of dip-buying in equities, major U.S. stock indexes rallied collectively, with the S&P 500 rising over 0.8% to set a new record high. Investors appear to be betting on a minor fluctuation in the overall stock market while also seizing opportunities in hot sectors like technology and semiconductors.An overview of S&P 500 index options suggests an overall bullish market sentiment. Short-term call options saw active trading, predominantly from sellers opening new positions, likely aiming to collect option premiums.Simultaneously, a considerable amount of capital bought into far-dated put options, particularly the June 498 puts, implying bearish bets on a 4.8% decline in the S&P 500 over the next 86 days.The semiconductor sector exhibited
Options Spy | Stocks Hit New Highs, Options Trading Signals Divergence

Options Spy | Bearish sentiment in index options is strong; Mystery position Heavy bullish PDD

U.S. consumer confidence fell less than expected in March, while major U.S. stock indexes closed lower on Tuesday ahead of further comments from Federal Reserve officials and a key inflation report later in the week. Investors tend to be cautious about the short-term outlook for stocks, but also have money to bet on the long-term upside potential of individual stocks such as technology stocks.S&p 500 options sentiment turned bearish, with call selling dominating. Investors are also betting on a 1.5 percent decline in the S&P 500 over the next 52 days by buying a portfolio of May far-month puts.The Nasdaq 100 options market is showing a similar pattern, with large money buying April puts, which are expected to fall 5 percent in the next 17 days. That reflects cautious optimism about
Options Spy | Bearish sentiment in index options is strong; Mystery position Heavy bullish PDD
$NVIDIA Corp(NVDA)$ only four trading days this week. Many traders on the FOMC last week shunned options expiring this week and opted for options expiring this week, sensing that competition would be intense on Thursday. The first open strike price this week for calls is 1000 and 950, and puts are 900 and 930. If I were a market maker the optimal solution would be to stabilize the stock at around 950 and kill the remaining three.It is worth mentioning that there are fewer open positions for options expiring next week, but you can guess that the highest open call price is still 1000. $Apple(AAPL)$ Apple Put strike open interest has not deteriorated further, or 160, but there is no bullish sign, and the cal
First, a second of silence for PDD's 5 million options brother. PDD earnings jumped 17%, although it fell back after the opening, but 5 million put down 9 percent $PDD 20240328 125.0 PUT$ . In general, big brother is not alone, these days I have seen a lot of put big single short spell a lot, quite when it was just listed that taste. Chinese people's ability to develop is really strong, the only thing that can stop it is the political factor. So although the earnings report is strong, it should not be heavy.Nvidia yesterday this week options trading depressed, estimated to be waiting for the FOMC, the main is not particularly strong positive to stimulate the stock price. The call option was still fighting the 900 this week

Options Spy | 74,600 lots of put options bet on a European stock crash

Interest rates on U.S. debt fell sharply as investors awaited a decision at the Federal Reserve's policy meeting. The S&P 500 rose 0.56% on Tuesday, March 19. SPY's comprehensive assessment of options on the day showed bullish, and the direction subdivision ranked first in selling put options sentiment. delta's first move was to sell a put option with a strike price of 515 on the day of expiration. The first open CALL is $SPY 20240320 522.0 CALL$ and the first open PUT is $SPY 20240412 508.0 put $ $iShares MSCI EAFE ETF(EFA)$ European Central Bank President Christine Lagarde said it may not be able to commit to further reductions in borrowing costs after an initial rate cut in
Options Spy | 74,600 lots of put options bet on a European stock crash

Options Spy | Good landing, Apple ushered in a small peak of selling call options

On Monday, March 18, the S&P 500 closed 5149.42, up 0.63%. SPY options direction of the day showed bearish, subdivision sort buy put options sentiment ranked first. delta's first move was to sell the CALL option $SPY 20240318 515.0 CALL$ Apple and Google are reportedly in talks to license Google Gemini to provide new features for iPhone software due out this year. The people briefed on the matter spoke on the condition of anonymity because the discussions were private. It was also revealed that Apple had recently held discussions with OpenAI to consider using its model.After the close of trading on Monday, CALL selling was overwhelming, and calls were heavily sold during the week:
Options Spy | Good landing, Apple ushered in a small peak of selling call options
$NVIDIA Corp(NVDA)$ After market makers successfully killed 900 and 1000 call options on Friday, the first CALL open interest became 200 million brother's open option $NVDA 20240621 820.0 CALL$ .The focus of open interest this week has been put options. The top open puts are 800,885 and 930, and the top calls are still 900 and 1000. Because the open position is far less than the four-day heavyweight, it is estimated that the control strength will not fluctuate between 870 and 900 as accurately as last Friday. And there's no telling what Huang will say in the coming days.Although I do not know what Huang Renxun has to announce, the forecast of the forecast is also a kind of forec

Options Spy | Bulls go crazy, 5 million bets on Nvidia to 975 this week

From March 18 to 21, NVIDIA AI Conference GTC 2024 will be held at the SAN Jose Convention Center. Jen-hsun Huang will open Nvidia's annual GTC conference. It is believed that Huang, in his speech, will outline the development prospects of Nvidia in the coming year. Market participants also believe that Nvidia may release news about it and its partners at the meeting. So, in the next few days, Nvidia believes it will be back in the market spotlight. On Friday, the volume of this week's 0DTE options with a strike price of 975 on Nvidia surged: $NVDA 20240322 975.0 CALL$ Apple Inc is in talks to build Google's Gemini artificial intelligence engine into the iPhone, seeking A license from Gemini to power some of the new feat
Options Spy | Bulls go crazy, 5 million bets on Nvidia to 975 this week
Before Nvidia's violent rally on Tuesday, there was a very interesting phenomenon: extreme out-of-the-money call options expiring this week were heavily bought.By observing the usual daily opening situation, I found that the opening of out-of-the-money options this week was very unusual, and some extreme out-of-the-money options opened very high: $NVDA 20240315 1870.0 CALL$ $NVDA 20240315 1890.0 CALL$ $NVDA 20240315 1920.0 CALL$ $NVDA 20240315 1910.0 CALL$ $Checked the opening time point, it was about 10 o 'clo
avatarShyon
03-13
Pump or Dump? No correct no wrong! [Doubt]  [Doubt]  [Doubt]   Quadruple witching does not have a quantifiable bullish or bearish bias. Instead, the event is largely a function of speculation and investor sentiment. When quadruple witching occurs, traders should expect increased volatility and manage their positions accordingly. The resulting market swings could be bullish or bearish depending on how investors interpret the situation. [Chuckle]  [Chuckle]  [Chuckle]   Traders who expect a sharp rise in volatility during quadruple witching may decide to buy options, anticipating that prices will rise due to increased extrinsic value. Long options strategies such as long straddles and long strangles have no directional bia
@Tiger_comments:Pump or Dump? Bargain Hunt or Choose Options on Quad Witching Day?
0DTE options selling. Everyone keeps saying we need a few continuous days of selling to flush out the 0DTE put sellers but it hasn't happened. Until then, every dip will be bought and we keep grinding higher imo. I'm seeing green all over the place and I'm not afraid to take some risks. After all, who doesn't want to make a killing in the market?
March Quarterly Option Expiration Weeks have been quite bullish. $S&P 500(.SPX)$ has been up 27 times in the last 41 years while $NASDAQ(.IXIC)$ has advanced 25 times. More recently, S&P 500 and NASDAQ have both advanced 12 times in the last 16 weeks. Quad Witching is just around the corner and I'm feeling bullish as hell! It's time to dive into some 0DTE options and ride the wave to the moon!
Friday is Quadruple witching day. The market is looking juicy and I'm feeling optimistic about the future. I'm not going to sit on the sidelines and miss out on this opportunity. I will buy some T $Tesla Motors(TSLA)$ 0DTE calls. We’ve reached the bottom of #tesla boys! I still say tesla goes to all time highs before Friday and I haven’t sold one single call. 💎🙌🏼
Here comes Quad Witching and I'm leaning towards the bearish side. I'm considering some 0DTE options to hedge my bets. The market's been on a bit of a rollercoaster ride lately and I'm not ready to jump on the bandwagon. For the past 5 years there has always been a pull back on the first quadruple witching day. This year is no different.Image
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.
avatarZEROHERO
2023-10-06

Non Farm Payroll & Unemployment Rate To Make Or Break The Market 💪

58% gain from taking calls and puts within 60 mins from open on Thursday. Day trading can be rewarding if we manage our risk and keep our position sizing in check. ⚠️ Trading tips: Looking at QQQ calls above 359.3 and puts below 357.59 on Friday. Let’s trade the NFP news and keep it green to enjoy the weekend! Get ready for action after much consolidation Among the data investors will scrutinize are the non-farm payrolls (NFPs), which serve as an indicator of the rate of new job creation during the month. This data point, along with inflation, holds significant sway over the Federal Reserve’s decision-making process on interest rates. Investors are anticipating a decline in NFPs from 187,000 in August to 170,000 in September. Such a figure would represent a softening from the prevailing tr
Non Farm Payroll & Unemployment Rate To Make Or Break The Market 💪
avatarTiger_comments
2023-10-05

Daydreaming realized by daytrading?

I just need to turn $105 in $25k so I don’t have to go back to work.How to make my money increase by 2000 times in stock market?There are some crazy or real suggestions:Buy far OTM $SPDR S&P 500 ETF Trust(SPY)$ calls on 0DTEBuy 30k tomato seeds for 105$. Grow 30k tomato’s and sell for 1$ a piece.Buy calls like $Splunk(SPLK)$  What’s your advice?Leave your comments and repost to win tiger coins!
Daydreaming realized by daytrading?
avatarMonirkhan
2023-09-28
10mm@TigerGpt TigerGPT,your new investing superpower Click to learn more 
avatarHere4money
2023-09-28
In the complex world of financial markets, options trading offers a unique opportunity for investors to speculate on asset price movements and manage risk. One term that often crops up in options trading is "zero days to expiration," which represents contracts that are on the verge of expiration within the same trading day. While options trading can be a valuable tool when used strategically, "zero days to expiration" can sometimes resemble a risky gamble more than a calculated financial tool. **The Rush of Zero Days to Expiration:** For some traders, the allure of zero days to expiration lies in the potential for quick and significant gains. The prospect of capturing rapid price movements can be thrilling, akin to the excitement of a casino. However, this excitement often comes with a sub