How A Super-Cheap, Super-Volatile New Options Strategy Has Emerged To Help The Pros Cream The Little

TheDawn · Mar 1, 2023

schizo said:
But seriously, what's the difference between 0DTE and a roulette wheel?

The way you place your bets.

schizo said:
CME has been turning into a damn casino lately, churning out all these gambling products. You think they do this to lure advanced traders? It's the small fries, the most vulnerable, that they're after and that's what so friggin' sick about CME.

At least they don't kick you out and forbid you to play or worse chop off your hands when you win.

As long as they don't do that and I have a chance to win against the house, I am game. My job as a trader is to figure out how to win against the house.

Overnight · Mar 1, 2023

TheDawn said:
...My job as a trader is to figure out how to win against the game.

There is no winning only ZUUL!

TheDawn · Mar 1, 2023

M.W. said:
Me trolling allows you to increase your profits?

That's not what I said but if that's what you understood with your kindergarten-level reading comprehension, sure.

M.W. said:
One more dumb reply from you and you end up on my block list. Some like you are just so ludicrously stupid any additional second conversing with you is wasted.

LOL You don't dare. Who's going to play with you and make your time go by? Trolls like you have no life and the worst that you fear is nobody replying to your trolling and playing with you. You of course already know that, otherwise you wouldn't keep posting those idiotic delusional marxist leftist crap that you know doesn't make sense to ruin people's threads.

TheDawn · Mar 1, 2023

Overnight said:
There is no winning only ZUUL!

Edited my post. Typo monster is catching up with me again.

R1234 · Mar 1, 2023

that article is just a worthless SEO keyword piece.

I see there is buzz about 0dte lately. Are they referring to CME event contracts or is there something else?

M.W. · Mar 1, 2023

That's exactly what you said : "Stay that way and troll mindlessly. Just allows me to make more profit in the market."

Welcome to my blocked list. Your content so far is 100% worthless and does not add any value whatsoever.

TheDawn said:
That's not what I said but if that's what you understood with your kindergarten-level reading comprehension, sure.

LOL You don't dare. Who's going to play with you and make your time go by? Trolls like you have no life and the worst that you fear is nobody replying to your trolling and playing with you. You of course already know that, otherwise you wouldn't keep posting those idiotic delusional marxist leftist crap that you know doesn't make sense to ruin people's threads.

taowave · Mar 2, 2023

I see the author spent less than one nanosecond researching the topic....

Sell cheap explosive gamma,offset with underlying,go to sleep and wake up rich and refreshed..Life is good

"Every option trade involves an actual contract. For every contract holder/buyer, there is a corresponding seller/writer. Wall Street’s largest investment banks are on the other side of the 0DTE option frenzy, often as sellers.
To offset risk, the bankers buy or short the S&P 500 index in the opposite direction of the corresponding 0DTE bet. In theory, this is a riskless trade for the bankers."

newwurldmn · Mar 2, 2023

taowave said:
I see the author spent less than one nanosecond researching the topic....

Sell cheap explosive gamma,offset with underlying,go to sleep and wake up rich and refreshed..Life is good

"Every option trade involves an actual contract. For every contract holder/buyer, there is a corresponding seller/writer. Wall Street’s largest investment banks are on the other side of the 0DTE option frenzy, often as sellers.
To offset risk, the bankers buy or short the S&P 500 index in the opposite direction of the corresponding 0DTE bet. In theory, this is a riskless trade for the bankers."

I don't think anyone actually understands who is profiting and losing from 0dte options nor what the impacts on the overall market are.

M.W. · Mar 2, 2023

One thing is for sure which is that the exchange is on the receiving end of those trades. Another that the market makers love fools in the game.

newwurldmn said:
I don't think anyone actually understands who is profiting and losing from 0dte options nor what the impacts on the overall market are.

zdreg · Mar 2, 2023

M.W. said:
One thing is for sure which is that the exchange is on the receiving end of those trades. Another that the market makers love fools in the game.

Market makers by definition are supposed to provide liquidity when the public is primarily on one side of the market. Since the public is mostly wrong market makers are forced to buy at bottoms and short at tops. Therefore they are forced into making profits. This is decades old knowledge popularized in books by Ricard Ney. Unlike the public the market makers hedge their risk exposures.

Market makers who make directional bets are eventually out of business, since they are usually high leveraged