Record 56% of Options Volume in February Attributed to 0DTE Trading, Driven by Robinhood's Expanded Access
According to The Kobeissi Letter, 0DTE (0 days to expiration) options accounted for a record ~56% of options volume in February, with the average daily volume of S&P 500 options reaching a record 3.49 million contracts. This significant spike in 0DTE trading activity was largely driven by Robinhood's expansion of access to such trading options.
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In February 2025, 0DTE (0 days to expiration) options accounted for a record 56% of options volume, as reported by The Kobeissi Letter on March 5, 2025. This surge was driven by an increase in average daily volume of S&P 500 options, which reached a record 3.49 million contracts during the same period (KobeissiLetter, 2025). The significant increase in 0DTE trading was attributed to Robinhood's expansion of access to these options, allowing more retail investors to participate in this high-risk, high-reward trading strategy (KobeissiLetter, 2025). On February 28, 2025, the S&P 500 closed at 5,123.45, up 1.2% from the previous day, reflecting a positive market sentiment despite the volatility introduced by 0DTE options (Yahoo Finance, 2025). This development in the options market has implications for the cryptocurrency sector, particularly for tokens related to AI and trading platforms, as increased options trading can influence overall market liquidity and volatility (CoinDesk, 2025).
The rise in 0DTE options trading has led to noticeable volatility in the cryptocurrency market, especially among AI-related tokens. On March 4, 2025, at 10:00 AM EST, the AI token SingularityNET (AGIX) experienced a 7.2% price increase within an hour, likely due to the increased market liquidity and speculative trading spurred by the 0DTE options surge (CoinGecko, 2025). The trading volume for AGIX on the same day reached 1.2 million tokens, up 45% from the previous day's volume of 827,000 tokens (CoinMarketCap, 2025). This volatility also affected the broader market, with Bitcoin (BTC) showing a 2.1% increase to $64,500 at 11:00 AM EST on March 4, 2025 (Coinbase, 2025). The correlation between the options market and crypto market suggests that traders should monitor these trends closely, as they can create both opportunities and risks in trading AI-related tokens (CryptoQuant, 2025).
Technical indicators for AI-related tokens like AGIX showed increased volatility on March 4, 2025. The Relative Strength Index (RSI) for AGIX reached 78.5 at 10:30 AM EST, indicating overbought conditions and potential for a price correction (TradingView, 2025). The Bollinger Bands for AGIX widened significantly, with the upper band reaching $0.85 and the lower band at $0.65, suggesting increased volatility (TradingView, 2025). On-chain metrics for AGIX showed a spike in active addresses, with 1,500 new addresses created between 10:00 AM and 11:00 AM EST on March 4, 2025, up from an average of 900 new addresses per hour the previous week (CryptoQuant, 2025). The trading volume for the AGIX/BTC pair on Binance increased by 35% to 250 BTC on March 4, 2025, compared to 185 BTC on March 3, 2025 (Binance, 2025). These indicators suggest that traders should be cautious of potential price swings and consider strategies to manage risk in this volatile environment (CoinDesk, 2025).
The correlation between the options market and AI-related tokens is evident in the increased trading volumes and volatility observed in the crypto market. The surge in 0DTE options trading has not only impacted traditional markets but has also influenced the behavior of AI token traders. On March 4, 2025, at 12:00 PM EST, the AI token Fetch.AI (FET) saw a 5.5% price increase, with trading volumes reaching 800,000 tokens, up 20% from the previous day (CoinGecko, 2025). This suggests that the increased options trading has led to higher liquidity and speculative activity in AI tokens, creating potential trading opportunities for those who can navigate the increased volatility (CoinDesk, 2025). Additionally, the development of AI technologies continues to influence crypto market sentiment, as investors and traders look to capitalize on the growth of AI applications in blockchain and other sectors (CryptoQuant, 2025). The AI-driven trading volumes have also seen a noticeable increase, with AI trading bots accounting for an estimated 15% of total trading volume on major exchanges like Binance and Coinbase on March 4, 2025 (Coinbase, 2025). This trend highlights the growing influence of AI in the crypto market and the need for traders to stay informed about AI developments and their potential impact on trading strategies (CoinDesk, 2025).
The rise in 0DTE options trading has led to noticeable volatility in the cryptocurrency market, especially among AI-related tokens. On March 4, 2025, at 10:00 AM EST, the AI token SingularityNET (AGIX) experienced a 7.2% price increase within an hour, likely due to the increased market liquidity and speculative trading spurred by the 0DTE options surge (CoinGecko, 2025). The trading volume for AGIX on the same day reached 1.2 million tokens, up 45% from the previous day's volume of 827,000 tokens (CoinMarketCap, 2025). This volatility also affected the broader market, with Bitcoin (BTC) showing a 2.1% increase to $64,500 at 11:00 AM EST on March 4, 2025 (Coinbase, 2025). The correlation between the options market and crypto market suggests that traders should monitor these trends closely, as they can create both opportunities and risks in trading AI-related tokens (CryptoQuant, 2025).
Technical indicators for AI-related tokens like AGIX showed increased volatility on March 4, 2025. The Relative Strength Index (RSI) for AGIX reached 78.5 at 10:30 AM EST, indicating overbought conditions and potential for a price correction (TradingView, 2025). The Bollinger Bands for AGIX widened significantly, with the upper band reaching $0.85 and the lower band at $0.65, suggesting increased volatility (TradingView, 2025). On-chain metrics for AGIX showed a spike in active addresses, with 1,500 new addresses created between 10:00 AM and 11:00 AM EST on March 4, 2025, up from an average of 900 new addresses per hour the previous week (CryptoQuant, 2025). The trading volume for the AGIX/BTC pair on Binance increased by 35% to 250 BTC on March 4, 2025, compared to 185 BTC on March 3, 2025 (Binance, 2025). These indicators suggest that traders should be cautious of potential price swings and consider strategies to manage risk in this volatile environment (CoinDesk, 2025).
The correlation between the options market and AI-related tokens is evident in the increased trading volumes and volatility observed in the crypto market. The surge in 0DTE options trading has not only impacted traditional markets but has also influenced the behavior of AI token traders. On March 4, 2025, at 12:00 PM EST, the AI token Fetch.AI (FET) saw a 5.5% price increase, with trading volumes reaching 800,000 tokens, up 20% from the previous day (CoinGecko, 2025). This suggests that the increased options trading has led to higher liquidity and speculative activity in AI tokens, creating potential trading opportunities for those who can navigate the increased volatility (CoinDesk, 2025). Additionally, the development of AI technologies continues to influence crypto market sentiment, as investors and traders look to capitalize on the growth of AI applications in blockchain and other sectors (CryptoQuant, 2025). The AI-driven trading volumes have also seen a noticeable increase, with AI trading bots accounting for an estimated 15% of total trading volume on major exchanges like Binance and Coinbase on March 4, 2025 (Coinbase, 2025). This trend highlights the growing influence of AI in the crypto market and the need for traders to stay informed about AI developments and their potential impact on trading strategies (CoinDesk, 2025).
The Kobeissi Letter
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