The market has a seven-second memory now

You want to know why the market feels different?

Why you're seeing 60-handle moves that come out of nowhere?

Why your technical analysis keeps getting blown up by what feels like random price action?

It's not random.

And it's not your imagination.

The marketplace has a seven-second memory now.

Here's why.

The Numbers You Need to See

In 2016, zero days to expiration options accounted for just 5% of SPX options volume.

By 2025? Over 60%.

That's not gradual growth. That's a complete rewiring of market structure.

Daily notional volume in 0DTE routinely exceeds $1 trillion.

Not monthly. Not weekly.

Daily.

And here's what matters more than the size: the fundamental mechanics of how markets operate have changed.

When retail traders can concentrate this kind of volume into contracts that expire in hours, not weeks, the traditional relationship between options and underlying gets turned completely upside down.

The cart isn't just leading the horse anymore.

It's dragging the horse down the street.

What This Actually Means

Markets used to follow predictable intraday rhythms.

Morning volatility. Midday lull. Afternoon positioning.

0DTE shattered these patterns.

Now we see explosive moves at any time based on options positioning that must be hedged immediately.

The most dramatic changes happen in the final two hours.

As 0DTE contracts approach expiration, gamma effects intensify dramatically.

Options that were modestly in-the-money suddenly become deeply ITM or worthless... forcing immediate hedging adjustments.

We routinely see 0.5-1% index moves in the final hour based purely on options positioning.

Not news. Not fundamentals.

Positioning.

You Can Adapt or Get Run Over

I've been analyzing retail order flow since my days as employee #13 at ThinkOrSwim.

But nothing – and I mean nothing – prepared me for what's happening with 0DTE.

The marketplace doesn't care if you understand this.

It doesn't care if you're ready.

It only cares if you're still standing when the next opportunity shows up.

This Tuesday, December 23rd at 1:00pm ET, I'm hosting my first-ever, dedicated, 100% 0DTE-only training.

It's called DON-DTE.

And it's how the fastest trade finally slows down — for you.

This isn't another strategy dump.

It's a simplified framework for operating inside same-day expiration markets without noise or panic.

Designed for fast environments, limited attention, and real-world trading constraints.

Not theory. Not hype.

A process.

If you want to start 2026 trading with a framework instead of reacting to chaos...

Click here to register for DON-DTE

The calendar's about to flip.

Don't wait until January to adjust.

To your success,

Don Kaufman