NSE proposes 6 pm to 9 pm trading session

In one stroke NSE has destroyed the quality of lives of millions of retail Option sellers in India. Even of many smaller funds managers and professionals.
NSE is so greedy that it doesnt care for the well being of millions of Indian citizens. So many family lives will be disrupted and the mental and physical health of millions will be compromised. Just because NSE (and SEBI) wants to make more money.
For hedging Futures is enough there was no need to include Options. Including Options is not even about hedging , its only about NSE’s lust for money at the cost of millions of Indians. We should take a petition against inclusion of Options in the extended trading hours and send it to SEBI and the Finance Minister

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If there are no retailers then how will institutions make their money ?
90% of the retailers lose money and that 90% is the profit of institutions.
But without retailers, Institutions will have to fight other institutions.

Its like there are only tigers in a forest.
No tiger will like that
No institution will like that

If there are no retailers then how will institutions make their money ?
90% of the retailers lose money and that 90% is the profit of institutions.
But without retailers, Institutions will have to fight other institutions.

Its like there are only tigers in a forest.
No tiger will like that
No institution will like that

Doesnt seem thats too smart an move to not have retailers !

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Selling itni badh gayi hai ki market ka haal kitna bigad gaya hai dekha nahi kya recently? Kahi pe koi reality hi nahi hai, sab kuch disconnected hai reality se, market ko reality pe to laana hoga na, sahi kar rahe hai, karne do. Aur jabse BSE ke derivatives segment ne dhamakedar shock diya hai, NSE wale ko kuch na kuch to karna padega na?

Ask anyone, they’ll tell you, Options ho ya Futures, they’re acting totally (or severely) disconnected from the reality of the spot and the math of B&S.

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Really? You call a 500 point dip as selling? This is much needed correction in a bull market. My 21k before the end of FY is still on. :stuck_out_tongue_winking_eye::stuck_out_tongue_winking_eye:

In one stroke NSE plans to destroy the quality of lives of millions of retail Option sellers in India. Even of many smaller fund managers and professionals.

NSE is so greedy that it doesnt care for the well being of millions of Indian citizens. So many family lives will be disrupted and the mental and physical health of millions will be compromised. Just because NSE (and SEBI) wants to make more money. NSE doesnt care about retail, in fact it seems NSE & SEBI dont want retail at all. They just bother about large institutions, not the Individual Indian.

And most American news on Bank Rates and inflation comes after 11 pm IST, so this
extended trading hours doesnt even seem to be a very effective hedging tool

Also, for hedging Futures is enough - there was no need to include Options. Including
Options is not even about hedging, its only about NSE’s lust for money at the cost of millions
of Indians. On behalf of millions of Indian families, I request SEBI and the Finance Minister to
not approve the extended trading hours and if one must then at least please do not not include Options in the extended trading hours. Futures is enough for hedging.

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Oh no, not that. About that I’m still waiting for the Americans to cool down their jets. In the options market, I’ve been reading reports of premium being too less because of too much selling in the options market. About the crash, if America doesn’t, we wouldn’t, I’m seeing America as the economic parrot where the life of Indian economy lies, or the heart of Iron Man’s suit whose capacity is hard to exhaust, if they don’t crash, we definitely won’t. :grin:

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The issue is that if you ask the office goer, they would want the 6 to 9 slot.

Whereas if you ask professional traders they will say no.

So even if SEBI or Finance Ministry does a survey, the results will be skewed in favor of extension.

Allow Futures , but not Options
As it would completely kill Option Selling in serious Retail and professional Option sellers

And even office goers need rest…do no break-up those families because a man has got addicted to it
Trading for 1-2 hours after office hours cant be serious traders

And anyway office goers having a job and earning … this is more like a pastime
Preference should be given to those who retailers who take this seriously and this is their sole source of Income

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The volumes in the extended trading hours is proposed to be considered as part of next day volumes.

I can understand your position. what ever you cry is like in the deaf ears. If they had cared for retail they would have not brought that margin rule for intraday at the 1st place. Retail like me shifted to Index just because of this margin rule.

Its not the 1st time they try to curb us. when ever and what ever rules they bring in, play by the rules. don’t be static.

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I am an office goer and i trade options with sl placed in system. i would prefer the current system.

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General trading involves both greed and fear. It is important for NSE to understand this and not be too greedy while extending trading hours. If NSE becomes too greedy, it may lose … :upside_down_face: :upside_down_face:

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They should look at the majority and most of us are not in favour , trade in futures, allowing futures is ok

I am kinda curious to the way y’all trade. I mean from the way this thread is described or the way majority of you trade. I mean is it like you have position open and sit through the entire 10 AM - 2 PM monitoring each and every candle ??? I mean don’t you guys use something SL or even have a pending order with limit ??

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This is the correct way, a good trader studies and looks for opportunities, enters his entry price his target price and just gives a quick look after a new candle has formed. I don’t think you need a lot of screen time to become sucesfull in the markets i would say it’s opposite actually most of the successful traders I have met barely spend time on their screen and just have a side business they work on which is their source of income. People like you and me know that one shouldn’t sit on their screen the whole day to be a good trader but most people don’t have this mentality and it’s gonna f$ck their lives as well as traders like us who will unfortunately need to look at candles even after the usual time. Does not help traders like me who trade based on opportunity and not in a decided time slot. I really do not like this extension idea, NSE is getting greedy. Only helps the high frequency algo funds, nse, gov, big brokers. But they’ll end up doing it anyways and say it’s so that the poor little retailers can finally hedge their position.

I am a novice to greeks (theta and gamma). Just can you tell me clearly how option seller will lose?
Time decay will still take place. Are you thinking of greeks getting affected? Pls help me understand as I am new and am wondering how does it matter if in 24 hrs trading happens for 6 hours as now or 12 hours? Time decay or Theta decay does not depend on trading hours but day’s total hours. No?

Even if they are sitting whole time let them not sit after 330 in 2nd session. What is their problem if mkt opens in evening? Do we trade every day or never go out on holdays ? What forces us to trade in evening if we do not want to?

Can someone explain what exactly is the problem in extended hours? People are not saying the exact reasons.