Nasdaq Plan Brings Zero-Day Option Boom Closer for Single Stocks

Nasdaq Inc. wants to increase the number of days that options on megacaps like Nvidia Corp. and Tesla Inc. can expire, in what could be a key step toward expanding Wall Street’s zero-day trading boom to single stocks.

The explosive growth in the buying and selling of derivatives with less than one day to expiration — known as 0DTE options — has so far been largely contained to contracts tied to major indexes such as the S&P 500 and a handful of corresponding ETFs. That’s because they boast daily expirations, whereas options on single equity names only expire on a ...