- Retail investors in 0DTE options have lost $358,000 a day since May 2022.
- The trading frenzy in 0DTE options is risky due to the tight timeframe in which wagers need to work out.
- Day traders lost $20 million as a result of poor positioning in about two years through February 2023.
- The potential losses retail investors face are amplified manifold if daily expirations are rolled out for single equity options.
- The latest investment innovations may not always be suitable for everyone.
Day Traders Lose $358,000 Per Day Gambling on Zero-Day Options
Day traders are paying a price for their newfound love affair with one of the hottest trades in the equity market.
Lu Wang
