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FREQUENTLY ASKED QUESTIONS

What is 0dte Traders?

We are a trading community and financial insights company that aims to equip short dated options traders with institutional-grade analysis, gamma metrics, education and trade ideas.


Our 0dte Traders are not one dimensional, rather, we deploy several different strategies to trade any market environment. Including credit spreads, strangles and our low risk/high reward directional butterfly strategy. 

What is 0dte Options Trading?

0dte or zero days to expiration refers to the last trading day for an option contract. The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every day of the week. Since most options expire worthless we take advantage of this by selling options to collect premium on the day of option expiration.

One of the great things about 0dte option income trading is you can set up trades with an incredibly high probability of profit.


This strategy allows us to profit if the market moves up, down or doesn't move at all.

In other words, even if your thesis for taking the trade is wrong you can still profit, by utilizing this high probability option strategy.

What is the 0dte Butterfly Strategy?

This strategy is a favorite among our traders as it has huge profit potential while taking a small amount of risk. Unlike credit spreads, the long butterfly is a debit strategy making the risk truly fixed. 

This strategy performs best in high volatility markets and can be structured with 1:10 or even as high as 1:15 risk to reward! 

Do I need prior trading experience to join this community?

This community is for everyone, whether you’re a beginner, an experienced trader, or inspire to someday trade full time as your day job. We do recommend you come with the understanding of basic options dynamics and how to use your broker platform. 

How much money do I need to start trading?

We recommend starting with $2000 in capital. However, it is possible to trade with an account size of $500. The same 0dte strategy can be traded on the SPY which is 1/10 of SPX, this will reduce your risk and margin requirements per trade and is a good option for those with a smaller account.

 

How much time do I need to trade this strategy?

This is not a strategy where you need to sit at your screen all day nor one that requires precision entry and exits. Trades can be executed from a mobile device, which allows you to trade on the go or set it and forget it by entering limit orders.

What is the PDT rule?

The Pattern Day Trader (PDT) Rule requires any margin account identified as a “Pattern Day Trader” to maintain a minimum of $25,000 in account equity to day trade. The Financial Industry Regulatory Authority (FINRA) defines a “Pattern Day Trader” as a brokerage customer that executes more than three round-trip trades (open and closing of the same position) during a rolling five business day period. Letting your options expire is not considered a day trade. If you're a non-US resident this rule does not apply to you.

Is there a way around the PDT rule?

1. Simply trade the /ES Futures, as the PDT rule does not apply to futures trading. 

2. Open multiple brokerage accounts. Each additional account gives you another three-day trades per rolling five day period.

3. Use an offshore brokerage firm, as those brokers are not subject to SEC and FINRA rules. Trading with unregulated offshore brokers can be extremely risky and requires due diligence. 

Do you trade stocks?

We trade mostly options on the S&P 500 due to the fixed risk and leverage available.

What brokerage do you use?

We recommend Interactive Brokers or TD Ameritrade's Think or Swim.

 

What if I want to cancel my membership?

You can cancel at any time before your next renewal date. Your access will continue until the end of your billing period.

What is your Refund Policy?

We have a no-refund policy, and therefore, we will not honor any partial refund or refund requests once you have subscribed to a membership plan. We recommend starting with the limited access paid trial to see if our service and products are right for you.

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