{"slug":"0dte-strategies-how-people-trade-them","qid":"greeks_by_dte","label":"Median gamma, theta and delta by time to expiry: near-the-money US options, July 15, 2026","post_title":"0DTE Options Strategies: How They Trade","post_url":"/blog/0dte-strategies-how-people-trade-them#q-greeks_by_dte","columns":["time_to_expiry","contracts","median_gamma","median_abs_theta","median_abs_delta"],"rows":[{"time_to_expiry":"1-2 days","contracts":6063,"median_gamma":0.0915,"median_abs_theta":0.367,"median_abs_delta":0.49},{"time_to_expiry":"3-7 days","contracts":810,"median_gamma":0.0249,"median_abs_theta":0.358,"median_abs_delta":0.49},{"time_to_expiry":"8-30 days","contracts":10642,"median_gamma":0.0297,"median_abs_theta":0.163,"median_abs_delta":0.5},{"time_to_expiry":"Over 30 days","contracts":13242,"median_gamma":0.0151,"median_abs_theta":0.055,"median_abs_delta":0.52}],"shape":"table","sql":"SELECT multiIf(days_to_expiry = 0, '0 (same day)',\n               days_to_expiry <= 2, '1-2 days',\n               days_to_expiry <= 7, '3-7 days',\n               days_to_expiry <= 30, '8-30 days',\n               'Over 30 days') AS time_to_expiry,\n       count() AS contracts,\n       round(quantileExact(0.5)(gamma), 4) AS median_gamma,\n       round(quantileExact(0.5)(abs(theta)), 3) AS median_abs_theta,\n       round(quantileExact(0.5)(abs(delta)), 2) AS median_abs_delta\nFROM global_markets.options_greeks\nWHERE date = toDate('2026-07-15')\n  AND iv_converged\n  AND implied_volatility BETWEEN 0.02 AND 5\n  AND abs(strike_price / underlying_close - 1) <= 0.02\n  AND days_to_expiry >= 0\nGROUP BY time_to_expiry\nORDER BY min(days_to_expiry)","computed_at":"2026-07-31T03:12:29.021035+00:00","elapsed":0.002176402}