Trouble in 0-DTE City
By Ernie Varitimos
March 25, 2022
0:00 / 22:04
Trouble in 0-DTE City

3, 2, 1,

come on. Here we go. Let's adjust this a bit.

Hit the microphone. All right. Where are you? We are all set. You and friends. How are you doing friends? This is Ernie and this is the zero days to expiration podcast. Episode number 86. Woo 14 more episodes until we get to a hundred. Fantastic. It's been almost exactly a year since we started this service and it looks like we may end up at a hundred episodes on that exact.

Well, that'd be awesome. Anyways, I was just watching an old movie with Robert Preston called the music, man. I don't know if you've ever seen that Buffy ever get a chance. Get to YouTube, look up the music, man. Robert Preston. I think the a has Shirley McClain in it. And there was this one scene where he's trying to sell, he sells musical instruments, bands and he's trying to figure out how he's going to sell all this equipment to the town.

And the the town is totally straight, right out of Norman Rockwell type of situation. And he needs to create some of. Some sort of controversy. The whole point is that you're in these perfect towns. You never think that there could ever be anything wrong, he starts this idea that the new pool hall with a pool table, it's actually the billiard hall.

They played billiards and then they brought in a pool table and he got the. Place in a stir about how Poole was the road that led to the devil or something like that. That's going to destroy your children. How did it go? We had trouble. We had trouble in river city. We got trouble with a capital T and it brings with P and that stands for a pool.

Speaking of fool. See, I got my pool hat on. I love pool. I've got a pool table back there soon. It will be. You'll be able to see it. These walls will go anyways, this. I've been talking about zero DTE now for a year on these, on this podcast and talking about all its accolades and the great things about it.

You need to balance that with the things that are problems. And we do have some problems, like any relationship, a new job or anything that just seems to have this. It's all great. But there's always something that can take a little bit of that luster off.

And a trading strategy is no different. Most trading strategies are nothing but trouble. They are capital T trouble, but, the zero DTE on trade. Options on the S and P on the last day of expiration is one of the most trouble-free strategies that I've ever seen. That doesn't mean that it is not completely free of its problems.

Now. The problems that had have, I consider very high quality and they are really more on the genre of attitude and acceptance being objective and open yourself or empathy, a better way to put it is to empty your plate of all the baggage that you have so that you can accept this new way of tree.