Traders! Unite Against Weekly Expiry Removal

I request every trader here to unite and give suggestions on how can we stop SEBI from removing weekly expiry.
This time is to unite. All the persons in a profession have unity when it comes on their earnings, then why can’t we have! Even dog lovers can raise their voice, why can’t we?
We all should give suggestions against weekly expiry removal in SEBI consultation paper whenever it releases with good logics.

Every trader here can give his/her valuable suggestions here.

Note - Non traders, self proclaimed gyaanis (against weekly expiry) are not allowed here.

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Over regulation is killing the FnO Market.

Already 1 index per weekly expiry is enforced.
Also there is Expiry weekday change coming.
Unwanted regulations without the getting input from the traders .

There will be a short term trader, who will trade every weekly expiry…
There will be a long term trader, who will trade on longer monthly expiries…
Why helping the long term trader and banning the short term trader…?

If the SEBI wants to help the losing traders, they should ban the whole stock market as people lose money in stock trading as well …
After closing stock market and exchanges , they can pack their things , close SEBI Office and go to home…

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Only God can do something.

No matter what, the winners-to-losers ratio in a zero-sum game stays the same, right?

Even Nitin said it’s the same everywhere, so why does SEBI think they can mess with basic math?

They should just make fair rules for everyone and do more awareness stuff, like how AMFI did with “Mutual Fund Sahi Hai.”

Banning weekly expiries won’t fix speculation; it’ll just make hedging more expensive for events.

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I think the consultation paper release will take about a couple of months atleast or more. SEBI chief said it’s still a thought process and the general practice is to table the consultation paper in SMAC and/or meeting of market participants for inputs before releasing it for public consultation.

And going by the past occurance of banning other weekly expiries last year, it took exactly 3.5 months from date of release of consultation paper to last weekly expiry of Bank Nifty. Going by this, weekly expiry of Nifty will definitely stay till end of 2025 and mostly likely for a couple of months in 2026

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India going in reverse US moving towards daily expiry

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We are Vishwaguru :stuck_out_tongue_winking_eye:

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This thread is not a discussion on pros and cons of weekly expiries. There are plenty of discussions on that point on this forum.
This thread is exclusively for weekly expiry supporters.
I think you didn’t read the NOTE in my first post.

We don’t need gyaaaaaan anymore.

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Gyaani Ji, Thanks!
But you can go on other topics and give gyan there.
Thankyou Sir :saluting_face:

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If majority of people are loosing in money in options, then I’m sure @PeacefulTrader would have been one among the loosing traders during initial months/years. They would have paid the fees to the markets in the form of losses to make a life out for so many years. I’m not even going into the hundreds/thousands of hours invested to become what he/she is now.

I’ve recently started turning profitable after spending almost 3 years post quitting a very high paying job.

Not that all the efforts will go to waste if weekly expires, but will again need to rework and the return potential will definitely not be as much in monthly as it is estimated in weekly.

Majority retailers will loose and quit eventually, it’s how the system works and should work, people are loosing at their free will, nobody is forcing them

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@Galaxy out of curiosity, may I know why you quit indian derivatives after turning profitable?

Totally agree with your lot sizes argument and margin blockage issues.

The time to raise voice against this was during August last year when the 7 proposals were put forth in the consultation paper, I did respond to it with very logical arguments, but that didn’t seem to have done any good.

Post this, there would be many traders who would have adopted to the new changes like myself and many would have found better suited alternatives like yourself.

But now if the last remaining weekly expiry is also banned, then that would be a big change , so much so that people like me and @PeacefulTrader and many others alike might have to start thinking about alternatives.

I suppose even you wouldn’t wished for the 7 proposals of last year to have gone through, which had the lot size increase and margin increase as the proposals. But it’s done now, don’t think anything will happen to potentially reverse those 7 implemented proposals.

Similarly, many of the remaining f&o traders would want atleast the left over weeklys to continue

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No offence, but supporting free markets and also being ok with banning something seems inconsistent to me.

Given that you have moved out of Indian f&o to something better suited, would appreciate if u could also give your inputs on saving the last fort from falling (nifty/sensex weekly expires), because many of us are inside that fort :sweat_smile: :joy:

Would not consider completely substandard but the higher lot sizes and margin requirements do make them quite bit counter intuitive.

Nonetheless, 40-50 thousand cores worth of premium turnover happens everyday and majority comes from weekly.

Agree that the current form of f&o is not as Kashmir/Himachal apples, the top grade ones, but rather as apples grown from some place else (no offence to those apples :sweat_smile:). But if these are the only kind of apples available, then what’s the point in stoping vendors and buyers from transacting in them.

Ultimately, a few voices would not affect what’s about to happen, but if this thread can amass a hundred or so structured and logical voices in favour of keeping the weekly expires, maybe would make some difference, we never know.

Instead of not doing anything, it’s better to try to do something and also explore alternatives as u suggested, side by side

FnO looser spotted!!! :laughing: :laughing: :laughing: :laughing:

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Either they are not infested/poisonous else the 40-50k crores of turnover shouldn’t be happening.

Maybe they are poisonous to some categories of consumers, then the role of a regulator should be to tell them that it’s poisonous for them, like that 90% of traders make loss landing page of every broker’s app and similar is with the cautious note printed on ciggerate packs.

Beyond this, if still there are consumers, then it’s their choice and free will

Don’t see a better product happening and definitely not in weekly

Even if I were in your shoes, (not operating in the current weekly options ecosystem), I would only ask for a better product only, if that’s not possible then I would be indifferent with the way things are operating, because there would be many other people who would have made things work out in the current allegedly substandard ecosystem and many would be at the verge of making things work, all there efforts would be undermined and many many other would be in the hope stage, most of them would fail, but I would rather wish for their hope to be intact because I personally have come from this phase, everyone would have in their initial months/years

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That’s only if one is risking more than 4-5% per trade or overtrading.

If you keep going with just one lot until and edge is found with reasonable and sustainable RR, and then start doubling down, then there is a decent possibility of surviving the learning phase to eventually see the thriving earning phase

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If u have seen the 2012 phase then I’m definitely not anywhere close to being a veteran referred to as ‘Sir’ (pun intended).

I was in primary school when you were witnessing the golden phase of 2012.

But, if that phase that appeared to be golden per you is no more existing, then it’s not fair to assume that nobody else could make the current phase golden for themselves.

With whatever little I know of 2012, there were no weekly expiry at all. I might not full understand if and why the introduction of weekly expiry might have caused the structural change from 2012 phase, maybe per you the golden phase is no more because of the sustained lower Vix, or maybe because of higher margins or maybe because of the rise of hfts and frequent two sided movements, the edge that you saw which made u consider the 2012 kinda phase to be golden is no more prevalent, or maybe something else I might be missing here

Wouldn’t opening position on Monday for a Thursday expiry fix the issue to a good extent? Skipping the weekend entirely