Submitted by BeautifulPerception t3_yhvz1n in wallstreetbets
ScrotyMcboogrb4lls t1_iuhna2q wrote
Depends, the more theta there is on the contract the smaller the move will be compared to the stock's move.
If you are not intending to hold overnight at all, 0DTE will always pay more, if you choose right.
Because if you bet the wrong direction on a 0DTE the value will plummet as well and you are either tossing them at a loss or ride them to dust.
Playing 0DTE is very tricky and requires skill with timing.
You can easily make +50% in a couple of minutes on a 0DTE SPX play, but you can just as easily lose 50% in a couple of minutes.
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