Why 0DTE Is the Highest-Variance Instrument Retail Traders Access
Every retail trader picks a spot on a variance ladder whether they realize it or not. From index funds at the bottom to same-day options at the top, each rung adds a specific source of variance to the one below it. This walks the whole ladder, shows what each step actually adds, and explains why 0DTE sits at the very top, then states plainly what that means given that most retail options traders lose money.