00:00 What exactly is zero DTE and how exactly does it function?
00:05 Yeah, absolutely.
00:06 So zero DTE stands for zero days to expiry.
00:10 It basically just refers to an options trade that occurs on an option that's expiring that
00:14 same day.
00:15 We've actually seen about 45% of total SPX volume happening on the same day of expiry.
00:27 (upbeat music)