To The Moon

Stop Chasing Stocks, Identify Dominant Market Drivers

1. Live Review Introduction Review Live>>

Shortcuts：

• 【 Livestream Recap : SPX vs SPY: it's not just the price 】

• 【Livestream Recap | Why did 0DTE explode after 2022?】

• 【Livestream Recap | Why do pros love 0DTE for events? 】

• 【Livestream Recap | AI's real impact may not be fully priced yet】

Tiger Brokers livestream hosted by Esther, featuring @Selina_Han_Insights, former CBOE economist and founder of Han Insights. With 8 years of experience at CBOE, the largest US equity options exchange, Selena served as the exchange’s first dedicated economist, translating raw market data into actionable insights for regulators and all tiers of market participants. Her research spans US equities, derivatives, volatility dynamics, macro trends and AI sector investment logic.

Zero Days to Expiration (0DTE) SPX options have become one of the most debated trading instruments across US markets. Retail and institutional participation has surged over recent years, yet many investors still confuse SPX contracts with SPY ETF options and misunderstand how 0DTE works.

Many secondary market investors fall into a common trap: spending most time screening individual stocks while ignoring the bigger picture. In the livestream, Selena shared a practical, three-layer research framework honed during her tenure at CBOE, alongside actionable guidance for retail traders aiming to adopt systematic analysis.

Disclaimer: All content shared is purely for investor education purposes and does not constitute any financial advice, investment recommendation or trading signal. All trading involves significant risks. Please conduct independent research before making investment decisions.

2. The Core Principle: Locate the Dominant Market Driver First

Before picking any stock or options contract, ask one critical question: What force is steering market pricing right now? Potential dominant drivers include:

• Corporate earnings cycles

• Federal Reserve interest rate paths

• Market liquidity conditions

• Inflation data

• AI industrial trends

• Geopolitical developments

Different catalysts demand entirely different equity and options strategies. Selena cited two illustrative cases: Micron’s sharp share drop following earnings announcements, and liquidity shocks linked to the prospective SpaceX IPO. Each event was driven by separate factors and required distinct trading approaches.

3. The Three-Tier US Market Research Framework

3.1 Market Structure

This forms Selena’s core expertise. It covers exchange operating rules, types of market participants, regulatory frameworks including SEC policies. Understanding market structure helps you interpret how orders flow and how volatility propagates across assets.

3.2 Derivatives & Volatility

Options, futures and implied volatility embed signals that cannot be extracted solely from underlying stock prices. Derivatives markets often reveal forward-looking sentiment ahead of spot market moves.

3.3 Macro & Thematic Sector Trends

Key topics include interest rate trajectories, inflation dynamics and secular trends such as AI adoption. Macro settings set the broad environment for all single-stock performance.

4. Applying the Framework to SPX 0DTE Event Trading

Major tradable catalysts follow publicly available calendars: FOMC rate decisions, CPI inflation figures, unemployment and payroll data, plus public speeches by Fed officials. Each release has the potential to shift rate expectations, the core denominator for equity valuations.

Even on days without landmark news, SPX maintains robust liquidity. Investors can deploy a wide toolkit: tracking Treasury yield curves, implementing directional options strategies or non-directional volatility trades.

5. Tools & Rational Expectations for Options Traders

Most retail brokerage platforms provide free educational materials and built-in options analytics covering DTE, volatility metrics and event trading use cases. Before opening positions, clarify your trading thesis: Are you betting on directional price movement, or a rise/fall in market volatility? You may leverage built-in probability-of-profit calculators, or subscribe to third-party analytical platforms for advanced features.

6. Understand SPX Options: Hedging, Speculation and Risk Discipline

SPX options serve two legitimate functions: portfolio hedging (acting like market insurance) and targeted speculation. Diverse participant groups – institutions, market makers and retail traders – collectively sustain liquidity within US derivatives markets.

Random speculation without defined strategies significantly lowers win rates. Traders should design entry, exit and risk management rules before executing orders. Questions around gamma dynamics were raised repeatedly during the session; viewers were encouraged to post follow-up queries within the Tiger community.

7. Final Reminder

A structured framework separates disciplined investors from speculative traders. Do not begin with stock picks. Start by mapping out which variable holds the greatest power to shift market sentiment. Next, we dive into the macro landscape: inflation, labour markets and Fed policy outlooks for H2 2026.

Read full sumarize>>

8. Risk Reminder

High-volatility AI stocks and short-dated options carry substantial trading risks. Market participants without sufficient foundational knowledge are advised to complete education modules before initiating live positions.

9. Post-Event Resources

Viewers can access further research via Han Insights official website: highinsights.com. Selena will continue releasing follow-up research papers covering options markets, macro trends and AI sector dynamics. The full livestream replay is available on the Tiger Trader App. Community participants may share demo trading plans and market observations tagging TB Live to join bonus activity rewards.