Hey friends, how you doing? It is Friday, September 10th. Today was a losing day for us. I am putting a, last, not a last minute trade, but a trade that made a lot of sense. But any anyways, it might, stem the losses who knows it's up right now, but I'll talk about that in a little bit. What I want to talk about is the overall strategy that we're employing.
And the strategy that we're employing is I guess, largely known as the zero DTE. Of course, I call it the zero dash DTE because the dash is significant in terms of my web address, that's 0-dte.com. If you want to try out the strategy, you go to zero-dte.com/try. Now, why would you want to trade this strategy?
Well, I think the biggest reason is that it is a monumental departure from the way you're probably used to trading. And, and with that, it presents. Incredible opportunity. A very, very strong edge now and not in the title here I put in multiage and I, I'm going to explain that we don't just have one edge.
We have edges stacked on top of one another , and I think that's important. I mean, why would you trade something without an edge? And more importantly, why would you trade something if you didn't understand what that edge was? Or no specifically, I know that most people that are doing technical analysis, they might say, oh yeah, we have edge, but they have no way of articulating it.
They have no idea what that edge actually is.
We can articulate our edge. I can show you exactly what that edge is and why it works. Now, the other, interesting thing here is. We do something now, now let me just back up here. There are a lot of other services out there that do zero DTE strategies. I mean, zero DTE. Isn't a strategy of itself. It's just a declaration of what this is, and that is trading options on the very last day of expiration.
Now, why would you do that? Well, that's pretty well known and that is because you want to take advantage of the exponential premium. Well, how is that going to give you an edge journey? Well, the way it gives you an edge is that when you have exponential premium decay, if you're long, obviously exponential decay is against you, however, your short and option, or in other words, you're the writer of that option.
Then exponential decay is exactly what you want and the faster it comes, the more money that you realize in that trade. So that's what we. We put on strategies that are collecting that premium decay. Now that in of itself has a very strong edge and it's very well known that people who write options or so options are far more successful than those people who go long options.
And it only makes sense because time is on your side. Yeah, there are other things that are also on your side when it comes to premium collection. And that is that, premium. One of the principle things that makes up premium is volatility or implied volatility when there's implied volatility that inflates the premium.
So that's like saying I am selling premium, I'm selling inflated price. Which goes to that whole adage of, you know, buy low, sell high here, we're selling high, we're selling something that's overpriced. Now that should make a lot of sense to people. I mean, it's not a very hard concept to understand.