{"id":202817,"date":"2025-03-07T10:00:00","date_gmt":"2025-03-07T15:00:00","guid":{"rendered":"https:\/\/ibkrcampus.eu\/campus\/uncategorized\/spx-0dte-options-jumped-to-record\/"},"modified":"2025-03-10T09:55:14","modified_gmt":"2025-03-10T09:55:14","slug":"spx-0dte-options-jumped-to-record","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/options\/spx-0dte-options-jumped-to-record\/","title":{"rendered":"SPX\u00ae 0DTE Options Jumped to Record 56% Share in Feb"},"content":{"rendered":"\n

WHAT STANDS OUT:<\/strong><\/h3>\n\n\n\n

Implied volatilities gained across asset classes last week as economic growth concerns escalated. Interest rate volatility saw the biggest increase, led by the front-end as rate cut expectations intensified. TLT call volume hit a record high of 1.08M last Tuesday as skew inverted (calls trading at a premium to puts as investors position for yields to fall further). <\/p>\n\n\n\n

SPX skew flattened modestly last week, entirely driven by a decline in put skew as investors rolled\/monetized existing hedges. While SPX skew declined, we saw a surge in tail hedging using far OTM VIX call options. In fact, Thursday was the 2nd<\/sup> highest volume day on record for buying of high-strike (50+) VIX calls, with a customer buying over 260k of the May 55-75 strike calls. <\/p>\n\n\n\n

SPX options closed out Feb with a record monthly ADV of 3.49M contracts, with 56% of the volume coming from 0DTE options (also a record). The jump in 0DTE volumes is partly a function of higher intraday volatility but mostly a result of expanded access, with Robinhood rolling out index options trading to all its customers in late Jan. <\/p>\n\n\n\n

Chart: SPX 0DTE Volume Jumped to 56% Share in Feb<\/strong><\/h3>\n\n\n\n

<\/p>\n\n\n\n

\"Chart:<\/figure>\n\n\n\n

Past performance is not indicative of future results.<\/strong><\/p>\n\n\n\n

[Download Full Report Here]<\/a><\/strong><\/p>\n\n\n\n

—<\/p>\n\n\n\n

Originally Posted on March 7, 2025 – SPX\u00ae 0DTE Options Jumped to Record 56% Share in Feb<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

WHAT STANDS OUT: Implied volatilities gained across asset classes last week as economic growth concerns escalated. Interest rate volatility saw the biggest increase, led by the front-end as rate cut expectations intensified. TLT call volume hit a record high of 1.08M last Tuesday as skew inverted (calls trading at a premium to puts as investors […]<\/p>\n","protected":false},"author":1221,"featured_media":202819,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[147,18,8,12,148,7],"tags":[375,353,398],"contributors-categories":[579],"class_list":{"0":"post-202817","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-north-america","8":"category-options","9":"category-region","10":"category-securities","11":"category-text-articles","12":"category-traders-insight","13":"tag-0dte-options","14":"tag-implied-volatility","15":"tag-spx","16":"contributors-categories-cboe-global-markets"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nSPX\u00ae 0DTE Options Jumped to Record 56% Share in Feb<\/title>\n<meta name=\"description\" content=\"Implied volatilities gained across asset classes last week as economic growth concerns escalated.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/202817\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SPX\u00ae 0DTE Options Jumped to Record 56% Share in Feb\" \/>\n<meta property=\"og:description\" content=\"Implied volatilities gained across asset classes last week as economic growth concerns escalated.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/spx-0dte-options-jumped-to-record\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus EU\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-07T15:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-10T09:55:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/03\/SPX-0DTE-Volume-Jump-Feb-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"818\" \/>\n\t<meta property=\"og:image:height\" content=\"507\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mandy Xu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mandy Xu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t \"@context\": \"https:\\\/\\\/schema.org\",\n\t \"@graph\": [\n\t {\n\t \"@type\": \"Article\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/spx-0dte-options-jumped-to-record\\\/#article\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/spx-0dte-options-jumped-to-record\\\/\"\n\t },\n\t \"author\": {\n\t \"name\": \"Mandy Xu\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/2e5d5c7f255ca360808886ee94009e3d\"\n\t },\n\t \"headline\": \"SPX\u00ae 0DTE Options Jumped to Record 56% Share in Feb\",\n\t \"datePublished\": \"2025-03-07T15:00:00+00:00\",\n\t \"dateModified\": \"2025-03-10T09:55:14+00:00\",\n\t \"mainEntityOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/spx-0dte-options-jumped-to-record\\\/\"\n\t },\n\t \"wordCount\": 234,\n\t \"commentCount\": 0,\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/spx-0dte-options-jumped-to-record\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2025\\\/03\\\/SPX-0DTE-Volume-Jump-Feb-1.jpg\",\n\t \"keywords\": [\n\t \"0DTE Options\",\n\t \"implied volatility\",\n\t \"SPX\"\n\t ],\n\t \"articleSection\": [\n\t \"North America\",\n\t \"Options\",\n\t \"Region\",\n\t \"Securities\",\n\t \"Text Articles\",\n\t \"Traders' Insight\"\n\t ],\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"CommentAction\",\n\t \"name\": \"Comment\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/spx-0dte-options-jumped-to-record\\\/#respond\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebPage\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/spx-0dte-options-jumped-to-record\\\/\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/spx-0dte-options-jumped-to-record\\\/\",\n\t \"name\": \"SPX\u00ae 0DTE Options Jumped to Record 56% Share in Feb - 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