Options Boot Camp 376: Tesla, Trading Scams and the Wisdom of Geena Davis

Feb 5, 2026

Rapid-fire talk on the surge of single-day options volume in names like Tesla and Nvidia. They flag broker readiness and the special risks of American-style contra-exercise. A strong warning about flashy retail “prop firm” offers and how to spot scams. Quick takes on silver vs Bitcoin, IRA options limits, and odd liquidity in thinly traded names.

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INSIGHT

0DTE Volume Floods Active Names

Single-name 0DTE options immediately captured a large share of volume in active stocks like Tesla and NVIDIA.
About 30% of total daily option volume in those names traded in strikes expiring the next day, showing rapid adoption.

INSIGHT

Brokers See 0DTE As A Business Opportunity

Major brokers and exchanges view 0DTE products as volume drivers despite operational risks.
Schwab said it isn't backing off and expects client interest to justify the added infrastructure and staffing.

INSIGHT

More Expirations Multiply Market Activity

Adding midweek and Monday expirations effectively multiplies weekly trading opportunities per name, increasing aggregate market activity.
More expirations per week make it easier for traders to add one more trade to their routine, magnifying total contract volumes.

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In this episode of Options Boot Camp, Mark Longo and Dan Passarelli dive into the high-velocity world of single-name zero-days-to-expiration (0DTE) options. With Monday and Wednesday expiries now live for heavy hitters like Tesla ($TSLA) and Nvidia ($NVDA), the "Drill Instructors" break down the massive trading volume shifts and the potential risks of contra-exercise in American-style options.

What's Inside This Episode:

The 0DTE Surge: A data-driven look at how much volume is flooding into the new weekly expiries. Are brokers ready for the added risk?
The "Retail Prop Firm" Red Flag: A listener asks if those flashy inbox offers to "bankroll your trading" are legit. Dan and Mark weigh in on why you might want to follow Geena Davis's advice in The Fly: "Run. Run away!"
Commodity Chaos: A check-in on the silver squeeze and Bitcoin's race to the next big psychological level.
IRA Restrictions: Why some brokers limit you to "Level 1" options in retirement accounts and the frustration of synthetic risk equivalence.
Pro Trading Crate: We announce the latest winner for our bespoke pro-member giveaway!

Key Takeaways for Traders:

Volume Watch: Discover why nearly 50% of top strikes in names like Nvidia are now concentrated in contracts with just 24 hours to live.
Scam Alert: Learn the hallmarks of "prop firm" scams—if you have to pony up your own cash to access their "capital," it's time to walk away.
Educational Deep Dive: Understanding the difference between cash-settled and physically settled options in the 0DTE era.

"If you have to pony up any money for a prop deal, stay the hell away from it. Real firms don't cold-email prospects for cash." — Mark Longo

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