←back to thread

518 points bwfan123 | 4 comments | | HN request time: 0.635s | source
Show context
bwfan123 ◴[] No.44480917[source]
I am shocked by the size of the retail index options traders. They are selling put options naked without any underlying hedges and getting fleeced as a result.

Two strategies are detailed with trades: 1) expiry day price discrepancies between index options and underlying 2) expiry day painting the close

replies(5): >>44481041 #>>44483656 #>>44483672 #>>44484156 #>>44486667 #
1. steveBK123 ◴[] No.44483656[source]
My understanding is that it is the closest to legal gambling available in India and so the local market for gambling type behavior inflates the Indian options volume.
replies(3): >>44483920 #>>44486674 #>>44489764 #
2. ◴[] No.44483920[source]
3. throwaway2037 ◴[] No.44486674[source]
Why is this down-voted? Thank you to point out the elephant in the room.
4. kamaal ◴[] No.44489764[source]
Actually, There are more people on Sports betting sites(Dream11, Jungly Rummy etc) than people who have hold Demat accounts.