“Inside the Explosive Rise of Ultra-Risky 0DTE Options Trading | WSJ

Good video. Does he actually make his money from trading??? Anyone know this guy?

 

Well sure. Didn't you see the Rolex in the plastic display box? It must be true.

 

lol!

 

Sharp eyes.

 

If you know how to replace a kidney, it is not risky.
If you don't know how to replace a kidney, it is risky.


If you know how to trade ODTE options, it is not risky.
If you don't know how to trade ODTE options, it is risky.


WSJ / OP don't know how to trade ODTE options.
I don't know how to trade ODTE options. So it is risky for me.

 

Exactly! Everything's just faster, that's all. OTM flys, calendars, single options work roughly the same. I can see how it's easy to get burnt with credit spreads as the RR is tricky

 

It's dangerous for the hedge funds mostly. Easy if you trade ES futures. Wait on your false breakout right before open. Load futures. Market open, load your 0dte SPX or SPY. Balling.