Tesla, Nvidia ETFs In The Works To Tap Rising Interest In Same-Day Stock Options

Matt Tuttle, known for his bold investment products, is planning a new series of ETFs targeting derivatives tied to retail-investor darlings like Nvidia NVDA, Tesla TSLA, and MicroStrategy MSTR, according to a recent filing. With this, Tuttle is going big on the future evolution of options trading.

His company, Tuttle Capital, is launching the new offerings, taking into account the growing interest in zero-days-to-expiry options (0DTE), which are ultra-short-term trades settling the same day. Currently, 0DTE trading is only possible for single-stock options on specific days, like Fridays, when existing contracts expire.

Tuttle believes the introduction of daily expirations for individual stock options is inevitable, saying, "that's going to happen," Bloomberg reports. He added that while the exact timing is uncertain, he wants to be first in line when it does.

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The funds will use FLEX options to work within current regulations by allowing investors to customize details like strike prices and expiry dates. These contracts can be rolled daily, allowing the funds to mimic the daily 0DTE trading technique without waiting for official single-stock 0DTE options to become available.

This project is likely to be launched later this year subject to approval from the Securities and Exchange Commission (SEC). Complex strategies, once the territory of experienced traders, are increasingly being simplified and packaged for mainstream investors.

According to Bloomberg, Tuttle's strategy also taps into two controversial trends in modern trading: income generation through selling options and the growing obsession with 0DTE trades. The new ETFs, invested in major tech companies like Apple AAPL and Microsoft MSFT, aim to grab attention in a market where speed often supersedes long-term viability.

Although index-linked 0DTE options have gained traction in recent years, daily expiries for single-stock options remain unavailable.

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