According to The Kobeissi Letter, 0DTE options now account for a record 75% of the Nasdaq’s total options volume, a share that has tripled over the last three years, source: The Kobeissi Letter on X, Aug 31, 2025. According to The Kobeissi Letter, 0DTE activity in the S&P 500 has reached an all-time high of 65%, signaling unprecedented same-day options participation across major US indices, source: The Kobeissi Letter on X, Aug 31, 2025.

According to @KobeissiLetter, retail risk appetite is breaking records as 0DTE options have averaged about 65% of total S&P 500 options volume so far in Q3 2025, marking an all-time high. According to @KobeissiLetter, this 0DTE share has more than doubled since the 2022 bear market, underscoring a major shift toward very short-dated exposure. According to @KobeissiLetter, a new daily record was set on Thursday with 0DTE reaching 69% of S&P 500 options volume. Based on @KobeissiLetter's data, crypto traders may closely track U.S. equity cash hours for potential cross-asset volatility in BTC and ETH and may tighten intraday risk controls around options-driven flows.

According to @KobeissiLetter, 0DTE options have averaged about 65% of total S&P 500 options volume so far in Q3 2025, marking an all-time high and indicating record retail risk-taking in ultra-short-dated contracts, source: @KobeissiLetter, Aug 23, 2025. The share has more than doubled since the 2022 bear market and reached a single-day record of 69% on Thursday, underscoring unprecedented concentration of same-day optionality in index flows, source: @KobeissiLetter, Aug 23, 2025.

According to @SpotGamma, risk appetite surged to new highs in May as 0DTE (zero days to expiration) options volume reached approximately 61% of total S&P 500 options trades, marking an all-time record. The proportion of these high-risk instruments has tripled since 2022, highlighting a significant increase in speculative positioning by both institutional and retail traders. This heightened risk-taking behavior in U.S. equity markets often signals increased volatility and can spill over into cryptocurrency markets, impacting Bitcoin (BTC), Ethereum (ETH), and other digital assets through correlated trading flows and liquidity shifts. Active traders should monitor cross-market volatility and potential risk-off moves as equity risk appetite climbs. (Source: @SpotGamma, Twitter)

According to The Kobeissi Letter, 0DTE (zero days to expiration) options accounted for 67% of total options volume on Tuesday, marking an all-time high and demonstrating a significant surge in risk appetite among traders (source: The Kobeissi Letter, May 8, 2025). Over the past three years, the share of 0DTE options has more than doubled, and in Q1 2025, the average daily trading volume of these contracts continued to climb. This shift towards ultra-short-term, high-risk options trading signals heightened market volatility, which often spills over into the cryptocurrency market as traders seek alternative assets and hedging strategies. Crypto traders should monitor these trends closely, as increased equity market risk-taking can lead to larger price swings and liquidity shifts in digital assets (source: The Kobeissi Letter, May 8, 2025).

According to The Kobeissi Letter, 0DTE (zero-day-to-expiry) options accounted for 67% of total options trading volume on Tuesday, marking an all-time high. Over the past three years, the volume share of these high-risk instruments has more than doubled, indicating a significant surge in risk appetite among traders (source: @KobeissiLetter, May 8, 2025). This rapid shift toward ultra-short-term derivatives trading often signals a growing preference for high volatility plays, which can spill over into major crypto assets as traders seek similar rapid-return opportunities. The increased use of 0DTE options is likely to amplify short-term volatility in both traditional equity and cryptocurrency markets, as heightened risk-taking tends to correlate with larger price swings in digital assets.

According to Greeks.live, there is a discussion on whether to aggressively buy (ape) or sell the 0dte (zero days to expiration) options. Traders are considering the best strategy to maximize returns given the high-risk, high-reward nature of these options.

According to Greeks.live, there is a notable trend where cryptocurrency traders prefer to engage in decentralized exchanges (DEXs) rather than trading zero-day-to-expiry (0DTE) options on Bitcoin ($BTC). This highlights a unique behavior in the crypto market where high-risk, high-reward strategies are favored.

According to @GreeksLive, cryptocurrency traders, often referred to as 'degens', show a preference for gambling on decentralized exchanges (DEXs) rather than trading zero days to expiration (0DTE) options on Bitcoin (BTC).