No, clueless.
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@nithin
I read your post on weekly expiry. Letās assume you donāt run Zerodha but understand markets, so in that case, what do you think about weekly options? Because what is popular is not always right, and what is right is not always popular.
Why SEBI is doing nothing for awareness and just making it difficult? In Finance 101, we read that speculation is not the same as gambling.
2 Likes
As a person who understands the market and has no benefit from activity in weekly options, I would understand the reason the country has to take this stance.
I donāt know if SEBI can really do much about awareness. I think the best they can do is ensure product suitability. Only people who can take the risk should be allowed to. As long as it is not market-wide, even if brokers like us want to implement it, then we can.
1 Like
@nithin
Can SEBI ask all brokers and exchanges to spend some part of CSR funds to create awareness around the risk of derivatives?
Why is everyone thinking in binary mode? Canāt we solve 20% of the issues that are creating 80% of the problems by, as you suggested, implementing some suitability framework?
3 Likes
Ah, no, SEBI canāt ask. Even if they were to, I think it would not go to the right place.
I guess so. Letās see.
Did the regulator really take feedback from stakeholders like brokers and exchanges, and, despite suffering huge profit drops, all say to close it, or does it not matter what the feedback is?
Somehow, I am not able to make sense of how the only solution for weekly expiry is to only ban it.
