FnO looser spotted!!! 
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Glad youāre winning, but when you canāt argue in a structured manner, post laugh emojis.
Itās like getting dragged into a meeting where your brain knows the stuff, but your mouth turns into a mute spectatorāknowledge trapped, execution missing.
Either they are not infested/poisonous else the 40-50k crores of turnover shouldnāt be happening.
Maybe they are poisonous to some categories of consumers, then the role of a regulator should be to tell them that itās poisonous for them, like that 90% of traders make loss landing page of every brokerās app and similar is with the cautious note printed on ciggerate packs.
Beyond this, if still there are consumers, then itās their choice and free will
Again back to square 1, and Iāll keep my original argument of a better product, or else ban.
Jane Street and unknown firms are the major earners.
Donāt 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 thatās 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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Thereās always a risk that you have to be prepared for 24x7 called, India Risk.
You can watch your cash savings vaporize in hours 
or watch you F&O portfolio, vaporise.
Thatās 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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@eldorado Sorry sir, I have to disagree here. I have seen the early days of F&O back in 2012, those were the days of freedom and money printing and building a true life.
Unfortunately, nobody will ever experience that.
If u have seen the 2012 phase then Iām definitely not anywhere close to being a veteran referred to as āSirā (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 itās 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
No pun intended, it is formal to call strangers Sir or Maāam, which is often ridiculed in India. Iāll keep my manners though.
Weekly expiries arenāt the problem, the exposure to margin ratio, and the day is the primary problem.
With current weekly expiries, you are taking a huge weekend risk, versus weeklies that HAS TO expire on Fridays, no compromise.
Thereās always the outliers, but they are extinct in todayās times.
Vix wasnāt there in 2012, but Vix always used to hover around 11-14, at that time also, unofficially.
Nothing has changed in the markets, except the deliberate design so that retailers wonāt build a decent life.
I even see the same edge today but canāt align the R:R ratio due to the mind boggling exposure.
Wouldnāt opening position on Monday for a Thursday expiry fix the issue to a good extent? Skipping the weekend entirely
Monday to Friday. The primary purpose will be solved, everybody will be happy and more people will make money.
I speak from personal experience.
Weeklies are NOT for weekend risk. For the weekend risk, thereās Monthlies. But hey, the maharajas have never placed a single trade in life.
You can read this - Why Weekly Options Are Like Gambling - Cabot Wealth Network
Believing that there are outliers not know publically or outliers in the making seems to have a higher probability to being true than declaring them extinct
It is ultimately about making money for myself in a high probability manner, no matter who does what.
Can I do that consistently with this substandard product? No.
Even if someone does that consistently, very good, they are among the 10%.
But among that 10%, 8% are prop firms. So you can imagine the probability.
Therefore, BAN OPTIONS and FUTURES 
Fully agree with the abysmally low 1-2% probability of making it big.
No intention of pating my own back, but Iāve consistently been in that top 1-2% category in all of the important phases of life, so I believe Iāve a fair idea of the struggle, efforts and process to give markets also a shot to continue the track record here as well. I might still have not reached there but surely have made enough progress to get the destination in visible sight and the current system of weekly expires are like boosters in this journey.
Not that everything will be lost if weekly is banned, things may get delayed, more rework might be needed to adjust to monthly, but itās always more comfortable to be seated on a direct flight to the destination than having a layover
Adjust to monthly? They are talking about a āProduct Suitability Frameworkā, which will exclude majority Indians out of the criteria.
- Weekly
- Monthly
- Options As a Product
- Futures
- Currency
- Commodities
- Crypto
- Factory Workers
Right, product suitability framework would be the ultimate disastor if it outrightly bans all retail peeps or set the bar so high that only HNI kinds are deemed suitable.
At max a qualifying exam or some other well known finance certifications is ok, nothing other than that
But I donāt think this proposed product suitability framework would be applicable for LLPs and definitely not for corporate accounts
Iād love to see yāall shift to Cash Segment. It would be tremendously delightful to see enhanced volumes and more traction.
Otherwise how will I be rich?
Even if itās a very high bar set in terms of networth/income, Iām personally ok with it assuming the status quo will remain till the end of 2025.
But, the decisions on contract tenures, lot sizes, expiry days etc should better be left to free market system
The next planned phase is cash segment, but the estimated return on capital is no where close to option buying, that Iām currently working on.
Post the option buying max capital saturation for the model is reached, the next logical step is obviously cash segment/single stock futures
PS: Iām not a zero hero option buyer, Iām a systematic fully automated algo trader
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