ODTE options .... pros/cons?

[Matt_ORATS]

I was just interviewed by a magazine about this and here were my points:

• These options are not going to cause volmageddon: The market maker counter parties can adjust prices to manage risk. These options are not like the contracts that caused problems.
• It is not gambling any more than other options. We have customers doing serious research using our intraday data. Eventually, we will have hour by hour expirations and that will be a good thing. What is beneficial about options is the price and risk discovery they provide. Intraday announcements can be priced and hedged.

 

[ondafringe]

So, what was the financial outcome and your conclusion?

Thanks

If you're interested, you can join their Facebook group.

 

[taowave]

OTM= Extrinsic= Time value

Is there time value remaining on the contract
if it is going to expire that same day??????

 

[ffs1001]

Except for a couple of the posters in this thread (who are very knowledgeable) the others should be given a 1 week ban from posting on the options board. The sheer level of naiveness and ignorance displayed is unforgiveable.

Ken - i respect you dude, but pls.....stay away from options. Theyll destroy your account before you can say "Hey, they have options on inverses!"

 

[GoldDigger]

OTM= Extrinsic= Time value

Is that what you do with 0DTE Options, get in OTM?????

What does that have to do with what I said?????

They are low-cost and high-risk because they
have no time value.

 

[R1234]

So, what was the financial outcome and your conclusion?

Thanks

of my event contracts trading? I am optimistic. I've experimented with a lot of different ideas with these since last October. Some hits and some misses. But since Jan I've been doing a thing which I think will be profitable going forward. Here's my actual daily equity curve for this strat on event contracts:

I have other methods I want to forward test as well in another account. Will post equity curves in the future if interested.

 

[ondafringe]

Is that what you do with 0DTE Options, get in OTM?????

What does that have to do with what I said?????

Turn back!! You are now approaching the event horizon.

 

[GoldDigger]

Turn back!! You are now approaching the event horizon.

He's supposedly the expert, so he should be able
to explain whatever point he's trying to make.

 

[taowave]

You and several others should read a basic primer/book on options..

It doesn't appear that most of the posters understand intrinsic vs extrinsic value..

You in particular are a bit confused with DTE and time value

Is that what you do with 0DTE Options, get in OTM?????

What does that have to do with what I said?????

 

[GoldDigger]

You and several others should read a basic primer/book on options..

It doesn't appear that most of the posters understand intrinsic vs extrinsic value..

You in particular are a bit confused with DTE and time value

So now I should read a book, is that all you have??????

I'm not confused at all. The only thing that I don't understand
is why you are picking apart my post when what I said was
accurate.

This thread is about 0DTE (ZERO DTE) so why don't you
contribute something relevant to the actual topic.