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518 points bwfan123 | 1 comments | | HN request time: 0.211s | source
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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

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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.
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1. kamaal ◴[] No.44489764[source]
Actually, There are more people on Sports betting sites(Dream11, Jungly Rummy etc) than people who have hold Demat accounts.