How Retail Traders Are Using Zero-DTE Options in June 2026

It is June 2026 and zero-days-to-expiry options are dominating the options-trading landscape. Lucas and Luna break down how retail traders are using 0DTE SPX contracts to capture small intraday moves, why the VIX at 17.68 creates a favorable environment for premium sellers, and how the recent SpaceX IPO volatility event reshaped the way traders think about expiration-day risk. They walk through a real-world example: a trader selling an out-of-the-money call spread on the S&P 500 with zero days to expiration, collecting $0.35 per contract, and the risk of a gamma squeeze if the index moves just 0.5%. They also discuss why the put-call ratio on zero-DTE options has compressed dramatically since early 2026, and what that signals about market positioning. No fluff, no jargon for its own sake—just a clear, specific look at what is working right now. #ZeroDTE #OptionsTrading #SPX #VIX #GammaRisk #IntradayTrading #RetailInvestors #PremiumSelling #ExpirationDay #MarketStructure #Volatility #Theta #FexingoBusiness #BusinessPodcast #Finance #Podcast #TradingStrategies #MarketData Keep every episode free: buymeacoffee.com/fexingo