zero days to expiry

What happened to the Santa Claus Rally? The S&P 500 index was going along nicely. It was up 14% since the end of November, supported by an increasingly dovish Federal Reserve. And then, on Wednesday, it proceeded to sink 1.4%. While the index was up by 0.6% in early trade on Thursday, nervous...

Analysts at JPMorgan have reportedly indicated that increased trading in zero days to expiry options, better known as 0DTE options, have the potential to significantly exacerbate intraday market declines. The 0DTE options expire on the same day they trade. For a trader to profit, the move in the...