One of the reasons hedging with ODTE has become common for event based situations is because they are cheaper than those with expiration's later than the event date
I’d assume the theta would be higher for 0dte? With normal options you could just roll out of them the next day. I guess you would be crossing 2 bid ask spreads, but is that more expensive than the theta decay?
I’d assume the theta would be higher for 0dte? With normal options you could just roll out of them the next day. I guess you would be crossing 2 bid ask spreads, but is that more expensive than the theta decay?