New Webinar Series: Understanding 0DTE Options — Part 1

By Lawrence G. McMillan

0DTE (Zero Days to Expiration) options have rapidly become one of the fastest-growing areas of the options market. Trading volume in products such as $SPX, SPY, and QQQ has exploded in recent years, bringing increased attention — and controversy — to these ultra-short-term contracts.

In Part 1 of this new 2-part webinar series, Lawrence G. McMillan examines the facts, rumors, and controversies surrounding 0DTE trading. Topics include how these options behave compared to longer-term options, whether they are impacting market volatility, and how traders can use measures such as $VIX1D and True Range to better evaluate pricing and strategy selection.

The webinar also discusses:

• Gamma and delta behavior in 0DTE options
• Institutional vs. retail participation
• Buying vs. selling strategies
• Straddles, strangles, and condors
• Hedging with 0DTE options
• Margin and assignment considerations
• Practical volatility analysis using $VIX1D

Part 2 of the series will focus on practical implementation using an Excel-based framework designed to compare implied and realized volatility for 0DTE strategy selection.