Gotta love ZERO RISK in the SP500 = $$$

v-shape-0DTE said:
Does today not perfectly represent the new normal with 0DTE? Very small gap at the open with QQQ and they immediately buy the dip. Then it just chops around in a narrow range and every time it threatens to lose the range, it's saved with a V. This market will never make another meaningful down swing ever again. You might get a random red day, but the next day it will V.
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If what you say is true you should have a very profitable trading method at your hands.

Now, on a more serious note, it would be interesting to know how the rise of 0DTE have impacted index futures. I haven't noticed anything special myself. There's "always" been a bid in this market as far as I can observe. The strong trend day down without any significant retraces is quite rare.
 
Today took everything it had just for QQQ to fall around $4, the first time this month on May 23rd. And it tried to V many times and looked like it would get saved again right at the end. Now we wait to see if the '23 trend will continue and the magical gap to make a V of today
 
And of course it's all made back thanks to NVDA. Look at the QQQ go. Took everything in its power to drop $4 the other day, now it rips $8 like it's nothing. Been this way all year. And the crazy part is that was probably the only "pullback" you'll see for awhile. The Nasdaq is such an unstoppable force.
 
Charles Barkley said it best that the Celtics get their points in the paint but for some reason like to give the games away to the Heat when they (Boston) starts shooting threes. 0-10 on 3's in the first quarter of a Game 7 and ya still shooting 3's the rest of the game?!?! This was definitely a bizarre series.

On Draftkings, before this game, the potential finals series lines were: Denver -330 against Miami, Denver -110 against Boston. Straight up finals winner Denver was -210. At halftime during this game 7, the series lines were obviously pulled but you could've still gotten Denver straight up at -210. Right now, the day after, Denver is -400.
 
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