According to @StockMKTNewz, Nasdaq will pilot options that expire on Mondays and Wednesdays starting January 26, adding new short-dated cycles for active traders seeking 0DTE strategies; source: @StockMKTNewz. Evidence from daily-expiry launches in SPX shows more frequent expirations expand 0DTE liquidity and intraday hedging flows, shaping order book dynamics; source: Cboe Global Markets 2023. Greater 0DTE activity can concentrate dealer gamma around key strikes and amplify late-day volatility in underlying equities, impacting intraday risk management; source: JPMorgan options research 2023. Crypto has exhibited elevated correlation with U.S. equities since 2020, so volatility shifts around these new expiry windows may spill over to BTC and ETH price action; source: International Monetary Fund 2022. Traders can monitor Monday and Wednesday U.S. close windows for liquidity and volatility shifts and adjust position sizing and hedging accordingly; source: Cboe Global Markets 2023 and International Monetary Fund 2022.

According to @glassnode, it introduced a taker-flow-based Gamma Exposure (GEX) metric that reveals how dealer hedging in crypto options can shape volatility regimes and influence price behavior around key levels (source: @glassnode). The firm states the flow-based GEX is designed to help market participants understand regime conditions and level sensitivity driven by options hedging activity (source: @glassnode).

According to @GreeksLive, the firm announced a live broadcast titled Large Bitcoin Options Positioning on November 15, 2025, covering large BTC options positioning for traders, source: Greeks.Live on X. Traders commonly monitor open interest by strike and expiry to identify liquidity magnets and potential pinning into expiries that can affect BTC spot volatility, source: CME Group Education. Skew and term structure in Bitcoin options help gauge directional demand and hedging costs for positioning around key levels discussed in such sessions, source: Cboe Options Institute. Gamma exposure and the gamma flip level can signal where dealer hedging may amplify or dampen intraday BTC moves when large positions cluster, source: CME Group Education. Participants can use the Greeks.Live session to align trade setups around max pain, open interest concentration, and implied volatility shifts in BTC options after cross-checking with exchange data, source: Greeks.Live on X and CME Group Education.