apps2 · fundamentals — QQQ·TSLA·NVDA 0DTE Volume vs SPX·M2·WALCL·RRP·10Y·CPI

Current 0DTE volume — QQQ · TSLA · NVDA, per ticker

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0DTE history: … auto-refresh

0DTE Volume — 5y history · QQQ·TSLA·NVDA 5Y 0DTE HISTORYThe purest retail-frenzy gauge: same-day-expiry (0DTE) contract volume for QQQ · TSLA · NVDA, one line each (individually selectable), over ~5 years. Y-axis = REAL 0DTE contract counts (with units). Pick 5y (the point of this pane) to see the whole cycle. Overlay SPX / M2 / WALCL / RRP / 10Y rate / CPI inflation (own normalized scale) to compare frenzy vs the S&P, liquidity, and the rate / inflation backdrop. Premise: 0DTE frenzy is expected to co-move with liquidity IN (M2 & WALCL rising, RRP draining) and with SPX, and to soften as the 10Y rate & CPI climb; the SIGNAL is the DEVIATION from that co-movement — surfaced as a computed correlation read under the chart, not left to the eye.

Window View (bars)— Compare (chips below) Scale bold baseline

0DTE Put/Call over time — VOLUME (retail frenzy) vs PREMIUM-$ (where the money leans) P/C · 2 FORMSRetail vs money, one chart: the VOLUME P/C (contracts — retail-frenzy gauge) drawn against the PREMIUM-$ P/C (dollars — where the money leans). Above 1.0 = more puts (fear/hedging); below 1.0 = more calls (greed/leverage). Premise: the retail VOLUME P/C and the money PREMIUM-$ P/C are expected to move together; the SIGNAL is the DEVIATION — the premium-$ P/C running more defensive (higher) than the volume P/C. That deviation is computed as the money-vs-crowd spread (premium-$ P/C − volume P/C) with its own-history percentile chip below the chart. Premium-$ P/C is ramping (banked forward from 2026-07; the 5y seed carries only volume P/C).

Window View (bars)— Compare (chips below) Scale bold baseline

Read-through — the premises, and the latest reading

Latest readingloading the latest banked 0DTE reading…

Purest retail gaugeSame-day-expiry (0DTE) volume on QQQ · TSLA · NVDA is the most retail-dominated corner of the options market — lottery-ticket flow with no overnight commitment. Each name is its own line (no basket), so you can see whether a move is broad or one name.

Premise vs SPXThe chart plots 0DTE volume against SPX (^GSPC). Premise: the two co-move. The read is the deviation — the computed 0DTE-vs-SPX return correlation under the volume chart states the number and the dated window; a low / negative correlation is 0DTE volume decoupled from price.

Premise vs liquidityOverlay the liquidity taps — US M2, the Fed balance sheet (WALCL), reverse repo (RRP). Premise: 0DTE frenzy co-moves with liquidity IN (M2 & WALCL rising, RRP draining). Compare the shapes; where they diverge is the read.

Premise vs rates / inflationOverlay the 10Y Treasury rate (DGS10) and CPI inflation (CPIAUCSL). Premise: 0DTE frenzy softens as the 10Y rate & CPI climb. The read is whether the frenzy line tracks or diverges from the rate / inflation lines over the window — a comparison, not a forecast.

Put/call = moodThe put/call ratio labels the mood: P/C below ~0.8 = more calls than puts (call-heavy); above ~1.1 = more puts than calls (put-heavy / hedging). The volume P/C vs premium-$ P/C spread below the P/C chart is the computed money-vs-crowd deviation.

Two divergence shapesThe picture has two divergence configurations: 0DTE volume rising while liquidity drains / rates rise, or 0DTE volume falling while liquidity rises / rates ease. Each is a described state of the plotted lines — read the actual numbers and dates off the panes above.