Zero Days To Expiration

Ernie Varitimos

Coach Ernie spent 40 years in institutional trading, hedge fund management, and FinTech. Now he teaches retail traders how to flip the script on risk — using zero DTE butterfly strategies that risk small and aim big. Every episode covers volatility, volume profile, market structure, and the daily routine that separates professionals from everyone else. Live every Monday, Tuesday, and Wednesday.

  1. 3H AGO

    0DTE - Trading Routine Reflection 3 of 3

    div]:bg-bg-000/50 [&_pre>div]:border-0.5 [&_pre>div]:border-border-400 [&_.ignore-pre-bg>div]:bg-transparent [&_.standard-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.standard-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8 [&_.progressive-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.progressive-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8"> _*]:min-w-0 gap-3 standard-markdown"> Zero DTE War Room – Part 3: Reflection Coach Ernie wraps up the three-part trading routine series with the piece most traders skip — and the one that matters most: reflection. This episode makes the case that your daily trading routine is essentially a scientific experiment. Preparation is your hypothesis, execution is the experiment itself, and reflection is where you record the results and learn from them. Without that final step, there's no loop to close and no path to improvement. Coach Ernie walks through what a proper end-of-day and end-of-week review looks like: logging trades, journaling your reasoning, tagging your setups, capturing screenshots of your charts, and — just as importantly — recording your personal state. Were you sharp? Anxious? Distracted? It all goes in the record. He also lays out what he calls the four noble truths of fixing trading problems: recognizing that a problem exists, finding the root cause, developing a fix, and then doing the hard work of reprogramming the bad habit through sustained practice. Along the way, Coach Ernie reviews how Monday's and Tuesday's setups played out, walks through a fresh volume profile markup with detailed guidance on settings and color-coding, and breaks down a live setup using the GEX and convexity heat map in Fly on the Wall. You'll also hear a candid take on why volume profile levels matter more than trend lines, moving averages, or fair value gaps — and why institutional traders, market makers, and currency traders all rely on them. This episode ties the entire series together. If you only take one thing away: routine without reflection is just repetition. Reflection is what turns it into growth. Zero DTE War Room streams live every Monday, Tuesday, and Wednesday on YouTube.

    1h 1m
  2. 1D AGO

    0DTE - Trading Routine Execution 2 of 3

    div]:bg-bg-000/50 [&_pre>div]:border-0.5 [&_pre>div]:border-border-400 [&_.ignore-pre-bg>div]:bg-transparent [&_.standard-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.standard-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8 [&_.progressive-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.progressive-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8"> _*]:min-w-0 gap-3 standard-markdown"> Zero DTE War Room – Part 2: Execution Coach Ernie steps into the fire with Part 2 of the daily trading routine series, moving from yesterday's preparation into the heart of it all: execution. This episode breaks down exactly how a zero DTE convexity trader finds, enters, manages, and exits a trade. You'll learn why volatility isn't just context — it's the entire game. Coach Ernie walks through how the rate of premium decay changes dramatically between high and low volatility environments, and what that means for your butterfly's profit potential, risk, and gamma sensitivity. If you've ever wondered why wider flies work in high vol and narrower ones in low vol, this is the episode that connects the dots. You'll also get a deep dive into the 10% debit rule — where it came from (hint: pro options traders on the American Exchange floor in the dot-com era), why it works, and how to use it to find optimal convexity in your butterflies. Coach Ernie demonstrates how to right-size a trade using the VIX playbook and the Big Ass Fly gauge, then walks through a live setup using the Fly on the Wall heat map to locate a high-convexity put fly in seconds. The episode wraps with a framework for profit management: when to start trailing your stop, how to dynamically tighten it as premium decays through the day, and why 75% of your profits will come from outside the profit tent — not inside it. Coming up: Part 3 (Reflection) wraps the series tomorrow. Zero DTE War Room streams live every Monday, Tuesday, and Wednesday on YouTube.

    42 min
4
out of 5
44 Ratings

About

Coach Ernie spent 40 years in institutional trading, hedge fund management, and FinTech. Now he teaches retail traders how to flip the script on risk — using zero DTE butterfly strategies that risk small and aim big. Every episode covers volatility, volume profile, market structure, and the daily routine that separates professionals from everyone else. Live every Monday, Tuesday, and Wednesday.