Stock Options Channel Debuts '0DTE Options' Page for Traders

Stock Options Channel launches a "0DTE Options" page to help options traders track symbols approaching expiration. The page provides a calendar of symbols with zero days to expiration in the upcoming week.

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Stock Options Channel Debuts '0DTE Options' Page for Traders

Stock Options Channel Debuts '0DTE Options' Page for Traders

Stock, options, channel, launches, zero has launched a new "0DTE Options" page to help options traders more easily track symbols approaching expiration. The page, which went live on May 13, 2024, provides a calendar of symbols either trading at or nearing "Zero DTE" (zero days to expiration) in the upcoming week.

The new feature was introduced in response to growing user requests. "Increasingly we have been asked by users if we could include an easier way to track which symbols are at or approaching 'Zero DTE'," said BNK Invest's Chief Operating Officer. "This stands for 'zero days to expiration,' and appeals to those options traders who like waiting until the last possible day of trading, i.e. when an option will expire at the end of that same trading day."

Why this matters: This new feature can significantly impact the trading decisions of options traders, allowing them to make more informed choices and potentially increasing their returns. As theoptions market continues to grow, tools like the "0DTE Options" page will become increasingly important for investors seeking to navigate complex trading strategies.

On the "0DTE Options" page, users can click on listed symbols to access the main options chain page. There they can view Calls for selling covered calls or Puts for selling cash covered puts for the corresponding chains. Current Zero DTE symbol examples include the IWM options chain (iShares Russell 2000 ETF), QQQ options chain (Invesco QQQ Trust), and SPY options chain (SPDR S&P 500 ETF Trust).

Stock Options Channel is operated by BNK Invest, Inc., an online media company that owns various investment research and news websites. BNK Invest aims to empower investors with tools and information to better research individual stocks and investment strategies.

The launch of the "0DTE Options" page provides options traders with a valuable new resource to identify and track symbols with impending expirations. By consolidating this information into an easily accessible calendar format, Stock Options Channel continues to expand its suite of tools designed to help investors make more informed trading decisions.

Key Takeaways

  • Stock Options Channel launches "0DTE Options" page to track symbols near expiration.
  • The page provides a calendar of symbols with zero days to expiration (0DTE) in the upcoming week.
  • The feature was introduced in response to growing user requests for easier 0DTE tracking.
  • The tool can significantly impact trading decisions and potentially increase returns.
  • The page allows users to access main options chain pages for listed symbols.