---
title: '0DTE: Inside the Explosion of Ultra-Risky Options Trading | WSJ'
source: 'https://youtube.com/watch?v=5atTocDOTpY'
video_id: '5atTocDOTpY'
date: 2026-07-12
duration_sec: 316
---

# 0DTE: Inside the Explosion of Ultra-Risky Options Trading | WSJ

> Source: [0DTE: Inside the Explosion of Ultra-Risky Options Trading | WSJ](https://youtube.com/watch?v=5atTocDOTpY)

## Summary



## Transcript

- You can do some crazy stuff with options like 10K to 90K have exploded in popularity in the last year. within the same day,
- This is one of the biggest shifts I've seen in markets - [Narrator] Here's why 0DTE options have taken off despite being some of the riskiest in the entire market.
- So I got into 0DTE in 2020 during the whole like lockdown. and has been trading options full-time for about a year. so his day typically starts around 5:30 AM,
- [Drayton] First things first, that's where I get all my news he says, "It's easier to spot a trend in the market."
into and from that PCE number - In one minute, I had made $100. One of his biggest one-day profits
was about $14,000, and biggest loss was about $12,000." but then you also have your crazy lows. they're purchased,, which is why...
in the stock's price. or crash incredibly quickly. they're so appealing to traders.
It can be 500%, it could be 1000%. because they're cheaper than longer-dated contracts. A lot of these retail traders
- [Narrator] Drayson says, "Some of his biggest losses - I think I probably lost at the time during 2020, and this was when I was a full-time student.
before I had made some money from E-commerce, I lost 20, 30% of it, and it's just very, - [Narrator] But he says, "The possibility of big wins
- The thing is, with a nine to five, it's not scalable. compared to trading, where you take one crazy trade, like just one trade and you make a million dollars.
with sophisticated technology and tools. in driving 0DTE trading volumes to record highs.
You know, when I was looking at hashtags for 0DTE online, there are tens of thousands of mentions of 0DTE, A few years ago, there were no such mentions.
expanded 0DTE contracts to every day of the week last year - And that just unleashed a frenzy of activity. "We've never seen something take off
- [Narrator] Many of these retail traders - This is really the continuation of a trend where they wanna bet on sports,
- [Narrator] But some experts think from a lot of industry analysts and pundits an end-of-day scenario in markets.
they also buy or sell stocks to hedge their positions. if there is a big move in the market someone's doing a ton of buying and selling of options
- [Narrator] For example, during the meme-stock mania, was exacerbating the volatility. - I think a lot of the fear now is that 0DTE volumes
than in a situation like GameStop or meme-mania. Kochuba says, "0DTE options
that when there's an unexplainable move in the market." and movement in 0DTE and understand that - I wouldn't regret anything.
it has taught me a lot more things rather than pull me down. - One of my dream cars, the AMG GTR, get back to my family,
So that was pretty cool. and launch an options trading course." but as long as you just keep moving forward,
(gentle music)