An explosive options trend and when it could end

These option contracts could change everything - Tuesday, March 7, 2023 [RSVP for Wednesday's live event with Andrew Giovinazzi!]( Hey Reader! Options experts Mark Sebastian led this morning's discussion on zero days to expiration options, or [0dte options]( - this market's most explosive option trend. Mark was joined by Chris Johnson, Andrew Gionvazzi, and myself to go through what it means for your portfolios. We covered... - What are 0dte options exactly - How these options can make up 90% of contracts - The popularity of short-term premium selling - When the 0dte trend could shift suddenly - Mark's gamma bomb warning [WATCH: The explosive 0dte options trend, EXPLAINED]( Why these options are so powerful Every option contract has an element of what's known as time premium. This is a part of the option pricing that takes into account how much time before the contract expires. In general, the longer until expiration, the more time premium is priced into an option contract, since it will have time to move in the desired direction of the buyer. For instance, if the SPY is trading at $400 and someone buys the March 7 $410 calls, they're betting on the index jumping 10 points in a matter of hours -- an extremely unlikely account, and therefore those calls would be relatively inexpensive. On the other hand, if someone bought the June $410 calls on the SPY, they would need to pay more, since the index has more time to make that move to the upside. In recent years, 0dte options have risen in availability, giving Wall Street even more exposure to "cheap" options... or lotto tickets, essentially. As you'll hear in the video above, many are using these options to sell premium instead, betting against the possibility of huge single-day moves. They're essentially a sportsbook happily taking in other traders' long-shot parlay bets. The question becomes, however, what happens when they're wrong in a big, big way? You can find more [options education here](. See Mark Live A reminder that Mark is joining Andrew Giovinazzi tomorrow at 8 PM ET in the Money Morning LIVE room. [Sign up here]( and reserve your spot. The "option trading bros" will be covering a weekly strategy to create more wealth, a strategy averaging 8% in 14 days. More coming soon. Garrett {NAME} Executive Producer, Money Morning LIVE   You are receiving this e-mail at {EMAIL}, as part of your subscription to Money Morning LIVE Plus. To remove your email from this list, [unsubscribe here]( or manage your Money Map Press [Email Preferences](. To cancel, or for any other questions or requests, please contact our Customer Service team: [Online]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Markets Live with Money Morning | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday - Friday between 9:00 AM and 5:00 PM ET. © 2023 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( | [Privacy Policy]( | [Terms & Conditions](