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SPX Around the Clock Means Big Win for 0-DTE - Episode #036
One of the biggest drawbacks of trading a 0DTE strategy with options on the SPX index is that you are limited to taking trades during market hours. This will change as of November 21st 2021 when the CBOE has announced plans to extend the global trading for its S&P 500 Index options (SPX) and CBOE Volatility Index (VIX) options to 23 hours a day, starting in the fourth quarter of 2021.
This is tremendous news for traders of 0-DTE strategies. These are strategies that take advantage of the extraordinary opportunities provided by 3 options expiration days a week. Now we'll have the best of all worlds, the big index and futures both trading around the clock, for around the clock profits.
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