Listen up you PATHETIC FORUM RAT. Get over yourself. I will post wherever and whenever I want. I likely won't be posting during the week bc I am working on a project and don't have time for it. In the meanwhile, why don't you work on improving your LACKING VOCABULARY, check you NASTY ATTITUDE, and stop trying to play at being a moderator. HAVE A NICE DAY!
Looks like you have no life. LOL Doubt that... Was just a suggestion but I will post whatever and however I want. You too!
Option related posts seem to primarily use imprecise (and therefore significantly ambiguous) terminology. Ripe for those favoring TLA's (Three letter acronyms since they take less effort to say/type than clearly specify what is meant!) that are fine as long as the person on the other end of the conversation is familiar enough with your terms to know what "you" meant, regardless of what you said! EG: when most speak of option DTE, they actually use floor(DTE), where DTE is not an integer, but a real. We also have many of us yet to put in the 10,000 hours, and make "ignorance showing" statements like BSM is crap, when they merely do not understand! We have too few of us with Ben Bernanke's precise use of words that are unambiguous.
%% Don Bright Daytrading Co founder used to be an options market maker; said options are made to be sold Less than 3 hours to3:00 CST[4 ET]
There is no such options that exist in the US. 0DTE options are simply the ones that are trading on the day of expiration.
That's not what I have read... https://www.simplertrading.com/blog/getting-started/what-are-0dte-options
I'd like you to prove me wrong with exchanges web site pages link. I don't know any US options with daily expiration (on ETF or stocks).
If you look at the list current SPX option chains, today's 1DTE options will become tomorrow's 0DTE options. 0DTE is just the expiry day of the option, and therefore called "Zero Days to Expiration"