The U.S. equity options market has been on a five-year hot streak, with 2024’s trading volume shattering last year’s record of just under 10.1 billion contracts, according to the Options Clearing Corporation. As more traders—both seasoned pros and enthusiastic newcomers—discover the thrill (and risk) of short-dated options, so-called “0DTE” (zero days to expiration) contracts have become the industry’s biggest talking point.
In 2022, major exchanges like Cboe and Nasdaq introduced daily expirations on certain index options, which let traders speculate on (or hedge against) the S&P 500’s intraday moves—every single day. If you’re looking to ride those quick swings or simply keep an eye on the market’s heartbeat, you’ll definitely want to check out our 0DTE SPX Dashboard. It’s a one-stop spot to monitor real-time activity, implied volatility changes, and potential profit zones for these ultra-short contracts.
Now, the big debate in 2025 is whether exchanges can replicate the 0DTE success for single stocks like Apple or Nvidia. It’s a logical next step, but there are regulatory hoops to jump through—especially around after-hours risks and share delivery. The industry is optimistic that a second Trump administration could green-light these new offerings, but it’s still up in the air. One thing’s for sure: the demand is there, and any new 0DTE-style products could drive yet another record-breaking year.
If you’re as excited about ultra-short trades as I am, you’ll find all the key stats and insights in our 0DTE SPX Dashboard. Whether you’re scalping the intraday S&P 500 moves or simply exploring ways to hedge quickly, daily expirations are a game-changer. They’re fast, they’re volatile, and they can be very rewarding—if you know how to handle the risk.
