Options trading on expiry day like playing in casino for jackpot: Sebi official

Options trading on expiry day like playing in casino for jackpot: Sebi official

Raising the red flag over the heightened retail frenzy in the zero-sum game of options trading, markets regulator Sebi’s whole-time member Ananth Narayan on Friday pointed out how some traders are treating expiry day trading as playing in a casino for a jackpot. “Trading in index options, specifically close to expiry, then starts to resemble … Read more