0DTE Options Trading on Red Folder Days

Interpreting Economic Releases, Central Bank Days, and Earnings Windows

0DTE options, economic releases, central bank days, and earnings windows create some of the most compressed and confusing hours in modern markets. Prices can move fast, volatility can reprice in minutes, and the market’s reaction can appear to “disagree” with the headline.

0DTE Options Trading on Red Folder Days is an educational study of how expectations may become embedded in short-dated options prices before scheduled events, and how outcomes can diverge from reactions once the information hits. Rather than treating event days as single moments, this book frames them as timelines: the pre-event corridor, the first auction after the print, and the post-event period where uncertainty often relocates instead of disappearing.

Readers may learn about:

• How “red folder days” concentrate attention and change market behavior ahead of the release

• The difference between consensus forecasts and the market’s priced uncertainty

• How options pricing can reflect the “shape” of risk, not just a single expected move

• Why the first move after an event can differ from the later repricing

• Residual uncertainty and why volatility may compress in one window while staying supported in another

• Central bank days as multi-stage events: decision, language, projections, and press conference

• Earnings windows as narrative events where guidance and tone can matter as much as headlines

Written in plain English and grounded in fictional illustrations, this book offers a calm framework for interpreting intraday repricing. It does not present signals, predictions, or performance claims. It focuses on observation and understanding: how markets price “maybe” into scheduled deadlines, and how that pricing can shift as the story evolves.