My real trading experiences have taught me that 0DTE strategies are not for the faint of heart. They require a deep understanding of the Greeks, particularly Theta and Delta, to capitalize on the rapid time decay and price movements.
One insight I've picked up is the importance of liquidity. You want to ensure there's enough volume in the options you're trading so you can enter and exit positions smoothly. I also keep a close eye on the news and earnings reports; they can provide that extra volatility which 0DTE thrives on.
Len A : yay!