0DTE options now 75% of Nasdaq volume, $2 trillion traded per day—risk at an all-time high

Shocking stat of the day:

0DTE options now reflect a record 75% of the Nasdaq’s total options volume.

This percentage has TRIPLED over the last 3 years.

Furthermore, 0DTE activity in the S&P 500 hit an all-time high, at 65%.

Across the 13 most popular tickers, nearly $2 trillion of notional value has been traded PER DAY in 0DTE options so far in 2025.

For perspective, total US options notional volume averages ~$4 trillion per day.

Investors are taking on unprecedented levels of risk.