Hey #[0] did you see this article on 0DTE?
“I need to run the data, but this may be the largest block 0DTE ever (or at least top 5). I track this every single day, and I have to admit that I was shocked watching the short gamma hedging impact on the market."
“Translation: spend $5.5 million in premium, move trillions in risk assets in a direction of your choosing.”
Of course I forget the link:
Stock markets beginning to trade like a binance order book. Is that what I should get from this?
We need some regs on these. Getting absurd.
Well based on the ever increasing desire to manipulate markets it seems like it’s becoming the weapon of choice.
Just wait until the hoards of banksters or ever the WSB apes realize 0DTE can be used to spike VIX to 100 --- which would very likely take out a few financial institutions.
They had a great discussion about this on the most recent Market Huddle podcast episode. Harris Kupperman was the guest -- he's always a great on to hear different views from.
Thanks for sharing. I’ll be sure to check it out.
I wonder when the SEC will start looking at these. Looks like the new game in town. Seems like you can try and take a guess at which style market will get pinned.
