BY MARK SEBASTIAN
February 24, 2025
Hey Traders,
I want to welcome you to 0DTE Daily, which I think will be invaluable to all your daily trading. If you didn’t know, options are traded more every single day than stocks are, and the BIGGEST block of options traded daily are 0DTE options.
They make up over 40% of options contracts traded daily.
So… if you’re not following that block of movement, understanding where they move and when, and WHY… then you’re basically trading with your arms tied behind your back.
0DTE Daily is to make sure you have both fists at the ready – and how you can grab some profits off the daily momentum it creates.
Going forward, almost on a daily basis I am going to be sending you updates on what we have been up to trading 0DTE options every single day, where I see the market going, and levels to watch when trading the next day.
We did not have a trade on Friday, but we are looking to have a good one today.
Here is my breakdown of Friday’s action and what I am looking for on Monday.
First, Let’s Recap Friday’s Trade
No Trade on Friday – and that’s a good thing. I was bullish into Friday
I thought we might end the week with the VIX on the lows and the S&P 500 on the highs. I was kinda right – one ended on the highs and the other on its lows.
I just reversed it.
So where does this leave us?
The S&P 500 closed RIGHT on top of the 50 DMA.
What keeps me bullish is the bond market which is looking better and better to even potentially rally.
TLT closed near the highs and is in the clear – rates are stable territory here.
…Monday’s Outlook
Despite the ugliness on Friday, a bull market still looks like it is out there.
As I stated, the S&P 500 held the 50 DMA. It’s at a make or break moment though.
If the S&P 500 bounces off the 50, then we could be back above 6100 by Wednesday. However, if the 50 DMA fails … the S&P 500 could easily hit the 100 DMA or fall all the way to the 150 or even 200.
So, heading into today, I’ll be looking for a move back to 6050 and then we will move from there.
If things soften, I’ll be looking to buy XSP puts because we are going to have an ugly trip lower.
I am excited to trade this week. If you haven’t been on lately be sure to join Licia live every day at 10:15 ET and be on the lookout for my next trade. The last one brought in around 400% for my 0DTE traders.
Call Ted if you aren’t currently a member – 888 872 3301.
Your Only Option,
Mark Sebastian
Mark Sebastian
Founder & CEO, Option Pit
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Ahead of a very short week because of the 4th of July Holiday…PCE was released…
This is allegedly the feds preferred form of measuring inflation…
Given the market is borderline obsessed with the FOMC’s will they wont theyon rate cuts.
One would think that the market would be juiced for PCE…
It isn’t: