Defiance ETFs is launching a fund that sells ultra short-dated options on the Nasdaq 100 as part of its strategy. The product will be the first in the market to utilize so-called zero-day-to-expiration contracts, or 0DTE, as part of its design.
This year’s hottest options trade has found its way into the $7.4 trillion ETF or exchange traded fund arena for the first time, in the latest push by the financial industry to tap booming demand for stock investments with an income stream.
