Nefarious
โ† All analysts

( 01 โ€” THE ALERTER )

Demon

0DTEs on indexes and stocks. All risk, all reward.

Asset
0DTE Options, Indexes, Stocks
Type of trader
0DTE
Risk level
Very High

Demon trades 0DTE options on indexes and stocks. All risk, all reward: he is the highest-risk analyst we have available. His trades often go -100%, down to one cent, and come back alive. That is the nature of 0DTEs, and it is exactly why his alerts cannot be followed the way you would follow a swing trader.

( 02 โ€” HOW HE TRADES )

How he trades

  1. 01He announces entries, not exitsDemon does not announce take-profits or stop-losses. An alert is a BTO (buy to open) with the strike, the expiration, and the price he bought in at. Managing the exit is on you.
  2. 02Do not use a stop-loss on his tradesUnless Demon has stated one, or you are already in the money and securing profits, do not attach a stop-loss. 0DTE contracts routinely trade down to near zero before recovering, and a stop turns that round trip into a realised loss.
  3. 03Never let a green trade go redOnce a trade is in profit, protect it. Take something off or move your exit to breakeven. Giving a winner back to zero is the one unforced error in this style.

( 03 โ€” ALERT FORMAT )

What his alerts look like

Demon โ€” Entry alert

Demon โ€” Entry alert

The BTO alert

โ€œBTO SPY 570C 0DTE @ 0.45โ€

Buy to open: the ticker, the strike and direction (570 call), the expiration (0DTE, expiring today), and his entry price. This is the whole alert. No target, no stop. This example shows the format, not a real trade.

( 04 โ€” BEFORE YOU FOLLOW )

Notes and warnings

  • Demon is the highest-risk analyst on the desk. Contracts going to -100% and back is normal here, not an accident.
  • There are no announced take-profits or stop-losses. If you need managed exits handed to you, follow a different analyst.
  • 0DTE contracts expire worthless at the end of the day. Never trade them with money you cannot lose entirely.

( 05 โ€” TERMINOLOGY )

Terminology

Short formMeaningHow to read it
BTOBuy To OpenOpening a new options position. The only thing Demon announces.
0DTEZero Days To ExpirationThe contract expires the same day it is traded.
StrikeStrike priceThe price the option pays off against, e.g. the 570 in SPY 570C.
C / PCall / PutA call bets up, a put bets down.
ITMIn The MoneyThe option already has intrinsic value. The zone where you secure profits.
BEBreak EvenExiting at your entry price, with no gain or loss.

Follow Demon live

Alerts, analysis, and the full reasoning behind every entry, all inside the Nefarious Discord.

The channel opens only if you are already in the server.

( 06 โ€” SIMILAR TRADERS )

If you follow Demon, look at these

Closest matches on asset, style and risk level.

These alerts are trade ideas, not signals. Trading involves risk, including the possible loss of capital. This page is educational and is not financial advice. Make your own decisions and use risk management.