0DTE Options List

Any stock, index, or ETF will have a 0DTE option at least once per month since all options eventually expire and become 0DTE options on their final trading day, whether a weekly, monthly, or quarterly contract.

The key difference with the tickers below is that they offer daily options Monday through Friday, allowing options traders to place 0DTE trades every day of the week.

What tickers have 0DTE options?

Currently, five ticker symbols list daily options:

• SPY: SPDR S&P 500 ETF Trust
• QQQ: Invesco QQQ Trust
• SPX: S&P 500 Index
• XSP: S&P 500 Mini-SPX Index
• NDX: Nasdaq 100 Index

Many popular and liquid stocks and ETFs now offer option contracts Monday, Wednesday, and Friday.

In addition to SPY, QQQ, SPX, and XSP, Option Alpha supports 0DTE and next-day backtesting on IWM, GLD, and TLT.

‍For example, SPY offers daily, weekly, and monthly options for the near future:

What’s the best symbol for 0DTE?

Each symbol offers specific benefits and potential drawbacks for traders, depending on their objective, risk tolerance, tax preference, and position management.

Index options

• SPX, XSP, NDX
• European-style
• Cash settlement
• Favorable 60/40 tax treatment
• More expensive premiums and larger spread widths

Index options tend to be more expensive than equity options since they track the index, not a stock whose values are typically lower. Index options strike prices are $5 apart, while their ETF counterpart typically offer strike prices at every dollar.

‍Equity and ETF options

• SPY, QQQ
• American-style
• Physical settlement
• Trade at much lower values than index options
• Less expensive premiums and smaller spread widths

Any option expiring in the money are subject to assignment/exercise. If an equity or ETF option is assigned, the option writer must accept underlying shares

However, since index options are cash-settled, shares will not be assigned. Index options can be appealing for traders looking to avoid the PDT rule, which applies when exiting a trade the same day it was opened (letting an option expire does not count as a day trade).

0DTE options commissions & fees

Each broker has different commissions and fee structures for trading. Index options are subject to additional exchange fees that are passed through to the broker and the trader so they may incur additional fees not found in equity options. Some brokers also charge assignment fees.