If you’re a trader who loves speed, precision, and adrenaline, then 0DTE options options that expire zero days to expiry — might be your next big edge.
These fast-paced instruments offer exciting potential for same-day profits, but they also come with unique risks. That’s why mastering them is crucial not just trading them.
In this blog, we’ll simplify what 0DTE options are, explore high-probability strategies, and show how smart retail traders are using them for consistent wins.
What Are 0DTE Options?
0DTE options are contracts that expire the same day they’re traded.
They’re usually traded on major indices like Nifty, Bank Nifty, or S&P 500.
Why it matters: You get instant exposure to intraday price moves, with no overnight risk.
Why Trade 0DTE Options?
✅ Fast returns
✅ No overnight risk
✅ High liquidity on major expiry days
✅ Low premium cost due to time decay
Whether you’re scalping, doing premium selling, or trying theta decay strategies, 0DTE offers tools to suit your speed.
Keyword focus: 0DTE options, same-day expiry trades
Risks to Watch in 0DTE Trading
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Extreme gamma risk (tiny price changes = big P&L swings)
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Time decay works against you if you’re buying options
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Requires real-time decision-making
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Slippage during fast moves
Tip: Always use defined-risk strategies when starting out.
Best 0DTE Options Strategies
1. Iron Fly
Sell an ATM straddle, buy wings for protection.
Works well in range-bound markets with low implied volatility.
Why it works: You benefit from theta decay and IV crush.
2. ATM Straddle
Buy or sell both ATM call and put options.
Buy when expecting big moves; sell when expecting a range.
Why it works: Captures movement in either direction.
3. Credit Spreads
Sell out-of-the-money options and buy further OTM options to hedge.
Why it works: Collect premium with limited downside risk.
4. Scalping with Futures Hedge
Trade directionally with options, hedge using Nifty or Bank Nifty futures.
Why it works: Allows flexibility while managing risk during high volatility.
Tools to Trade 0DTE Like a Pro
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Option chain analysis tools (like Sensibull or Opstra)
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IV and OI trackers
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Scanners for breakout moves
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Real-time charting platforms like TradingView
Pro Tip: Always use a broker with fast order execution for 0DTE trading.
Final Tips for Safer 0DTE Trades
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Trade small and scale up
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Always set stop-loss
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Know your risk-reward ratio
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Trade around known market events (budget, RBI meet, Fed speech)
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Practice with paper trading first
Conclusion
0DTE options trading isn’t for everyone — but if you’re disciplined, fast-thinking, and love volatility, it can become a powerful income stream.
Whether you use straddles, spreads, or advanced delta-neutral strategies, mastering same-day expiry trades can set you apart in the options market.
Start small. Stay sharp. And let the theta work for you.
