0DTE options, or zero days to expiration options, are options contracts that expire within the trading day.
Most weekly options expire on Friday. For actively traded symbols, exchanges provide weekly options that expire every trading day of the week.
• Typically, it has good liquidity and small bid-ask spreads.
• Time premium rapidly decays:
For out-of-the-money (OTM) options, if they are still OTM upon expiration, their value turns zero;
For in-the-money (ITM) options, their extrinsic value quickly decays within the day, leaving only intrinsic value.
• Holding an open 0DTE options contract has the risk of them being exercised or assigned. Make sure you have adequate knowledge before trading.
Opening new options positions close to or on their expiration date comes with substantial risk of losses for reasons that include potential volatility of the underlying security and limited time to expiration.
The feature presents the most-traded 0DTE Call and Put every trading day of the week.
Tap the Call or Put to enter the detailed quotes page.
Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. Customers should consider their investment objectives and risks carefully before investing in options.
This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.