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The Advisor's Option 124: A Historic Look at Zero DTE Options

The Options Insider Radio Network

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The Zero Day Phenomenon

The zero day phenomenon has been around for a long time, but it's become all the rage now. When SIBO added weekly options they upped the expiration game to four expirations a month. That made the notion of expiration Friday, this once a month signature event, kind of quaint and a little bit dated. Now there are 247 million SPX weeklies traded every single day in 2021.

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