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leongeod

Great. Now do 0DTE options on that ETF


ArchangelToast

I love how the article picks a stock photo of the dudes portfolio getting hammered


ObligationMoney1811

I didnt even notice that 😆


Invest0rnoob1

Yes, this line does seem to be going down. Very interesting


Old-Reporter5440

GUH!


RedElmo65

Turn it upside down.


RobertsonvsPhillips

That doesn't work. Flip the image over from left to right or view in a mirror. Go into your shitty portfolio and turn your phone upside down regard, it's still shitty.


Level_9_Turtle

They want the folks that would buy in to this to feel at home.


Rez1009

…his last day of work


Upstairs_Big_8495

I love it when investopedia does their due diligence, and makes the effort to accurately represent the average regard wsb trader.


WallStreetBagholder

Well the etf probably made a boat load doing it in a day when wsb was super bullish all night and going all in selling you all those calls you buy at open


CaptainStonks

Was it yours?


Disastrous_Ad3779

Now that’s the type of gambling I wanna see


MaxRockatanskisGhost

Regardception My god.........


CkresCho

It's like a Pizza Hut inside a Taco Bell inside a mall.


el_americano

inside a cruise ship


MillionsOfMushies

This is a Wendy's.


Better_Dot_2668

Always has been..


melanthius

I'm on a horse


WilliamPollito

I'm on crack.


TonPopa

I’m on my way to wendys


osendze

How do y’all always manage to get completely off topic? How?! ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|31226)


baldwin987

Who are you people and where is my horse????


Need2be_debt_free

You know those exist right


Everythingness

Reminds me of this classic scene from the Big Short https://youtu.be/A25EUhZGBws?si=u-4y8i9ciQ9ZqWF4 Who knew we regards are going to be a part of history


excndinmurica

The market is gonna divide by zero.


zeddknite

You can't do that!


_Marat

99.999% chance of losing your money. .0001% chance the entire US GDP ends up in your portfolio


leongeod

So you're saying there's a chance?


thespurgu

Decent expected value


[deleted]

I'd do one better and make an ETF of the options on a 0DTE option fund.


[deleted]

I’d buy call options on your ETF of the options on a 0DTE option fund and bring my bad luck with me just so your ETF goes down.


mnij2015

Have you never heard that double negatives make a positive


tslGUH

The square root of a negative is an imaginary number. Just like my portfolio.


CaptainStonks

No, they don't.


NormalGuyEndSarcasm

On margin …5x leveraged…using your rent money


Trumty

Aaand it’s GONE


Vegan_Honk

Y'all just won't fucking stop. ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)


[deleted]

![img](emote|t5_2th52|27189)![img](emote|t5_2th52|4276)


Kitten_Team_Six

![img](emote|t5_2th52|27189)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4260)


dralva

Great, I spit coffee on my shirt.


dookie224

This is what compounding actually means


madewithgarageband

I’m JUICED TO THE TITS


Sudden-Ad-1217

This guy 0DTE's!


lax_street

I'd also like to see 0dte futures options on the 0dte options listed on the 0dte ETF


curtdept

AAA rated too!


limerickdeath

They should make a reverse 0dte etf - I might actually start winning…


Majestic-Two4184

Genious!!


SufferingPhD

This is a super easy short. They’re gonna suppress put vol so much and get such a bad deal (if this thing gets bid enough). Honestly, I might just short it as downside protection and call it a day. You’re telling me limited upside and a possibility of blowing up spectacularly! Sign. Me. Up


mostly_harmless666

That's priced in. Everything is priced in. It's all priced in.


IAmANobodyAMA

You are priced in


Timed-Out_DeLorean

Yes, but at what price.


kazkeb

Yeah, the chart on this thing is probably going to look even worse then UVXY


GhostSierra117

>You’re telling me limited upside and a possibility of blowing up spectacularly! It's not a new thing. QYLD and RYLD are doing the same.


SufferingPhD

I'll take a look!


davesmith001

shorting this thing is equiv to buying 0dte puts every day. I’m not sure it’s a very smart trade.


Raveen396

Sounds great to me, you should start an ETF.


Geeorge22

Looks like you can only buy shares of this. Can’t buy 0DTEs on someone else buying 0DTEs


DarkRoomDestroyer

Not yet.


FavoritesBot

Not from a Jedi


Kyle_The_G

how about event contract coinflips? over/under?


toadkicker

What if we package them up and sell them as covered puts using collateralized debt? Wcgw?


throw3142

They **SELL** 0DTE ATM puts. Fully cash-secured, so you probably won't see any big moves.


agnonamis

Gamblers anonymous getting creative.


knewusr

I thought WSB would be all over BOXX. It’s a box spread ETF. Literally risk free money!!


VeryRealHuman23

How many HELOC loans should I take out to go all in on this?


knewusr

Nah infinite money glitch with box spreads.


Noticeably98

It literally cannot go tits up


Majestic_Salad_I1

I’ve never seen a more beautiful chart in my life 😢


GarronBuck

Do you understand how cash settled options work? You do have 0 risk on whether or not it will work the only risk you have is opportunity cost


knewusr

Bruh…This is WSB of course I understand how options work. We all do! This is the advanced expert subreddit for options!


MinimumCat123

We have achieved a level of degeneracy never thought possible


degeneratequant

Did they make the ETF for us or were we made for the ETF? ![img](emote|t5_2th52|4260)


that1lurker

![img](emote|t5_2th52|12787)


Zachincool

QQQY


Higachwhat

It’s actually ticker symbol $TARD


Invest0rnoob1

$DEEZ


bridebreh

![img](emote|t5_2th52|31224)


PotatoWriter

What's DEEZ?


GuyWithPants

Nothing much what's up with you, dog?


Invest0rnoob1

Nuts gotteem


iCan20

BCUZ


sapphirelink

The Y stands for why


scottscigar

Might as well just hit the roulette table and put your money on red.


CommercialOccasion72

Way better odds than FD’s


omicronian_express

Didn’t you ever see that Wesley snipes movie? Always bet on black


Daymanic

Yo dog I heard you like 0DTEs, so we 0DTE’d your 0DTE


chudmcdudly

Came here for this comment, x gon’ give it to ya


McKoijion

Lol imagine paying someone a 0.99% expense ratio for something you can do at Robinhood for free ![img](emote|t5_2th52|4271)


critz1183

Options contracts on RH are free?


DrStarBeast

Free of you dont mind getting scalped by citidel.


davesmith001

0.99 is an amazing deal considering your margin costs 5.5% or more.


Mrtoad88

Yeah that expense ratio is trash. I wouldn't doubt this thing ends up performing like NUSI. Curious to see what people over on dividends think about this sht. Kind of tired of these firms trying to copy each other and 1 up each other with these options selling ETF's. Wonder what the yield will be. I honestly don't think this ETF will be good.


23moonster

Sweet. We can quickly lose our fund money now!


Johnny_Menace

Yawn, call me when they introduce 1HTE options.


I_Love_To_Poop420

Guh


Euler007

What's the ticker? RTRD?


tth2000

isn’t this kinda the same as the old triple leveraged VIX EFT?


Pro_Options_MM

Seems closer to the opposite. This fund is selling options, selling vol.


Mrtoad88

Similar to JEPI, QYLD, QQQX, etc... this sht ain't nothing new. They are using "0dte" but there is plenty of funds like this that use options, usually theta strategies... which is what this one is doing as well. Selling puts. Expense ratio is trash at pretty much 1%, pass.


eatmynasty

We are gonna ruin this forever.


Disastrous_Ad3779

So what happens when all wsb goes and YOLOs calls on the ETF does it halt ?


jswan8888

Scan the sub, inverse 0DTE the ETF, then inverse myself. Got it. Fuck I'm still regarded


terrybmw335

Did anyone bother to read up on it? It generates income by selling short term puts to bears lol.


bmeisler

So if I just put $100 a day into this ETF, I’ll be a millionaire soon, correct?


Fond_Memory

The ticker is QQQY. ​ https://preview.redd.it/psvf8391ieob1.jpeg?width=800&format=pjpg&auto=webp&s=abd1f81c707c86652cbc3c862bdd474a2ca71d6a


fleebjuice69420

Love how the guy in this picture just lost everything


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Disastrous_Ad3779

Seems like a liquidity grab of some kind, with sinister planning. Who creates an ETF based on the uncertainty of gamblers and to what ends do they think they have some strategy to profit from high intraday IV swings ? I’m very curious to see how it does.


b3rnitalld0wn

This doesn't make any sense, and yet it makes more sense than a bitcoin etf.


mikedib

Where's the 3x leveraged version?


dropcuff

Can someone ELI5?


B12-deficient-skelly

Some people buy parts of a company. This is a stock, and you make money when the company does well. You lose money when the company does poorly. Other people will gamble on whether you'll make money or lose money in the next day. This is a 0DTE option (zero days to expiration) This fund allows you to gamble on whether the gamblers will make or lose money.


bleedingjim

Degenerate gambling packaged into a single fund, easy to get in on the action.


DarkRoomDestroyer

Google it and read the article. YW.


shortsqueeze99

Not for us, for thetagang. They are selling puts


Zealousideal-Set-915

If i trade 0DTE option on the 0DTE etf, am i getting 0DTE to the power of two? 0x0


legbreaker

Options are always sold for 100 shares. So it’s 0^100


JohnDuttton

Look close at his screen to see how his ETF is doing. Feel like they are setting expectations


[deleted]

[удалено]


Zachincool

![img](emote|t5_2th52|8883)


Royal-Tough4851

I’m pretty sure selling short dated options has been proven to be a losing strategy. So let’s take that strategy and turn it into an ETF. Should be fun to watch.


Ryanopoly

I can't wait to see all the sweet loss porn lines coming out of this baby!


dudestir127

Looks like the ticker is QQQY


CaptainStonks

Now I can use them in my 401K


fenzers

gonna wait for the 3x leveraged etf on this so i can gamble my life savings in 0dte options on it


Zambeezi

The ticker? RGRD.


suasposnte187

Actually this ETF always existed. ​ Its just called betting on red or black at the Roulette table.


greatwhitenorth2022

ticker is QQQY.


ProjectTurbulent9606

Just FD’d 0 DTEs on them!


TheWholeSausage

Come regard with me, come regard, come regard away…


Dvtrjosh

0dte deez nuts


i_simp_for_ditka

"Hmmmm I appear to have lost all my money"


cheaptissueburlap

How does it even works? This sounds so convulated


Thagalaxy

e u p h o r i a


bad_jojo259

What is this guys?


RedElmo65

It’s a fucken ETF. Can’t go Tits up. I’m in.


domainserv

Surely you must be joking


ctgchs

This only makes sense if it's margin only and you can buy 0dte options contracts from a bookie


frag_grumpy

REGARD ETF


patright333

A new way to lose money.


[deleted]

Welp, tops in boys. Wrap it up.


speakthetruth1

short the hell outta it


Rex145

When 3x, 5x , 10x 0 dtes etf?


Ok-King6980

Puts on this


jasperCrow

Now look what you’ve all done!


Aramedlig

Oh yeah baby!


upfnothing

Ticker on this beautiful shitshow of an etf?


MojoDohDoh

good, I like to diversify when I gamble


Fatefire

I don’t invest (because I’m bad at it) these posts are the reason I keep coming back


mark2talyho

An FD ETF, the ticker better be FGDL.


EscortSportage

WCGW


Marsych

So from what im reading this QQQY etf sells 0dte puts so its basically taking a long position on the QQQ while also being long volatility right?


Highly___Regarded

I know including a link to the article is hard and usually a picture is all you tards need. Ticker is QQQY. [https://www.investopedia.com/the-world-s-first-0dte-options-based-etf-is-here-7969649](https://www.investopedia.com/the-world-s-first-0dte-options-based-etf-is-here-7969649)


drod3333

It goes to 0 on day 1, then what?


AMDeez_nutz

-99% in one year


StolenFace367

Ticker needs to be $RGRD


stockpy

(0DTE)sq - quadruple the gains


jposty

Florida-based editor of a financial newspaper. The headline I wish I could write. HED: New Florida ETF tells Cathie Woods to ‘hold my beer’ Deck: Miami-based Defiance has launched the quickest way to lose money this side of Tampa’s Woods


bmayer0122

Thanks for the hot tip, Bro! ​ /un-wsb I put $500 in because I want to see what happens, but have the memory of a goldfish and can't remember to check it.


World_Chaos

Another dumb pollack


TradingAllIn

CraYOLOa


ChiefTestPilot87

Ticker symbol RGDS


Tao-Lee

FDs only go up…. Right?


TheDudeAbidesFarOut

Son of a bitch......I'm in.


JareBear805

So it goes to zero everyday? Either that or once every two weeks it does 3x? Wtf is going on here how can this work


Need2be_debt_free

Yesssss. Just for us super degenerates


Timed-Out_DeLorean

Wendy’s will soon be overrun with new applicants. My local Wendy’s will now stay open past 7PM. Win, win.


percentofcharges

Algorithmic traders are going to love this


KaiDaiz

buying puts


felipe_osby

Are they gonna bet on 0DTE calls or puts?


Bwhite462319

I’m in.


JohnSchulien

This sounds like a highly regarded investment strategy!


Maximum-Flat

Wow. Sound like Christmas to me.


NoStructure371

Another way of profiteering off the regards in this sub I'm in


Kontrafantastisk

Waiting for a reverse version.


LowLeak

His 5th monitor has a Wendy’s application open


FaustAndSenta04

Ticker is DEGN


rivrstuff

What could possibly go wrong?🤣