Balanced trading is calming zero-day volatility fears

UBS finds little evidence that 0DTE options exacerbate volatility

Volumes in zero-days-to-expiration options, or 0DTEs, continue to break records – and split opinion. Market participants have questioned whether trading in the instruments is fuelling volatility in equity markets. The latest evidence suggests maybe not.

Three times over the US summer daily notional volumes in an exchange-traded fund (EFT) tracking version of the options – which expire on the same day they are bought – rose to more than $1 trillion, the first time that has happened since the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here