Traders! Unite Against Weekly Expiry Removal

Hi no clear statement that weekly expiry will continue in future(tense) means( in options).

1 Like

Ah yes, I am so deep into derivatives, that I forget to read english at times :sweat_smile:

4 Likes

These moneycontrol guys might be planting fake news and trading off it.

3 Likes

Sebi is to blame. They are testing waters by leaking information.
Why cant sebi come out and say clearly that there is no plan to stop weekly expiries?

2 Likes

Because its a high level game , you know how the rich play . It’s next level , and we can’t do anything about it .

Sebi should in no case remove weekly expiry for nifty

1 Like

thre is no news from SEBI - i think its rumours from moneycontrol staff , they need to publish first for trp - first SEBI need to close CNBC tv 18

1 Like

I think it’s time to report this type of misinformation to SEBI. Moneycontrol staffs are secretly making illegal profits by shorting BSE & AngelOne by publishing fake news.

2 Likes

I have moved to monthly options and stock options, dont know when they will remove monthly.options[ for retailers safety of course according to sebi]

2 Likes

monthly option they cannot removed - its not possible - globally monthly option is ok for hedging

Globally even daily expiry is ok. Only in india weekly expiry is not, according to sebi( of course to save retailers. note: all the countries in the world dont care about retailers so they have daily and weekly expiry]

Currently my iron condor strategy situation

Trump effect :fire:

I will request everyone to do the following things.

  1. Write to your brokers a formal mail requesting them to inform sebi on behalf of the customers that majority of retail trader wants to keeo weekly expiry and it may impact the inflow of money in derivatives if weekly expiry is closed. SEBI gives more importants to the brokerage firms than individuals.
  2. Individually we can give our suggestions on SEBI portal when the relavant consultation paper will be out. Use the link to give your comment. SEBI | Public Comments
  3. Write to SEBI official mails directly, with proper financial reports and data showing the negative aspects of closing weekly expiry completely. If most of the individual traders do these things I think they will consider. We may think my one mail what will do, but what if 5-10 lakhs of mails go to them. Then they have to reconsider. Lets do this guys.
2 Likes

1.The first thing that SEBI should look into very seriously and ban are the stock market course sellers and fake instagram stock market gurus, they flaunt expensive lifestyle which in reality is a sham because its all either rented stuff or money made off selling courses, which draws a lot of young traders to get into stock market.

the main issue is that more than 90% of these so called “instagram stock market gurus”, dont even know how to trade, they show fake screenshots of profits and make crores by selling courses, which they use to flaunt lifestyle which traps the young indian traders.

  1. A lot of our trader brothers and sisters have left their jobs and taken trading as a full time career. Changing regulations not only harms their livelihood but also makes it tougher for them to adapt to new things, and each setup takes time to build, sometimes years. changing something overnight literally affects the mental health of so many of them.
4 Likes

SEBI AND THEIR BOSS SHOULD MAKE THEIR POSITION CLEAR SO THAT TRADERS CAN PLAN ACCORDINGLY. WHEN WILL THEY STOP THIS DILLY DALLY.

1 Like

Maybe they’re swing trading :joy:

2 Likes

SEBI never said the weeklies were going away, they released a consultation paper regarding that and the media as usual twisted it for views. :person_shrugging:

1 Like

Why SEBI and Indian Govt want to control everything? Why not stop people from using roads as accidents cause deaths? Stock market is a zero sum game and hence there will be losers in it. Why not take other kind of measures like enhancing and ensuring traders knowledge and making some test compulsory before someone comes to do F&O trading. Why take such kind of easy steps. These kind of draconian measures where Govt tries to control everything is worst way. Ban porn, ban lotteries, ban liquor. When will Indian Govt let its people decide for themselves. All the best to this country.

3 Likes

Your whole argument collapses under its own weight. You are comparing stock market to banning roads, porn, liquor.

You are shouting as if F&O trading is some noble, philosophical pursuit. It’s not. It is leveraged gambling that people jump into without knowing the difference between a strike and a stop-loss, and then cry foul when they burn their accounts. SEBI stepping in is damage control because people keep blowing themselves up and then acting shocked.

And this whole “let people decide for themselves” line? If people actually did their homework before taking wild leveraged bets, we wouldn’t even be having this conversation. But here we are, because learning the basics is too much effort and blaming the government is easier.

This dramatic “draconian measures, freedom is dying, all the best to this country” routine makes zero sense.

Watching people make loses so that you can make quick money might be easy - try to add value to society, not rob from it.

6 Likes