Ravi Shankar Yadav

From Jadavpur's red corridors | Socialist by choice | Interested in political economy, class struggle, justice | Inquilab zindabad

[Anuj Singhal अनुज सिंघल @_anujsinghal]

This is what happened on expiry day

Sensex 78,000 Call went from 2 to 80

Sensex 78,000 Put went from 166 to 0

Why? The indicative equilibrium price which was 78,860 till 3.28 suddenly became 79,080 at close. This is not right. This is turning option trading into gambling. At this rate, nobody will be willing to sell options.

[Ravi Shankar Yadav @RaviSYadab]

@_anujsinghal F&O contracts on expiry day should expire before the CAS window. The VWAP for the closing price should be calculated using the 30 minutes before expiry, with live monitoring of large players’ positions during that window. This could address concerns around manipulation.

[Ravi Shankar Yadav @RaviSYadab]

@_anujsinghal @_anujsinghal I appreciate Anuj Singal Sir for raising the issue of CAS and highlighting the genuine apprehensions of retail traders. If there are flaws in the system, they must be addressed before they can potentially cause huge losses to retail investors someday.

[Anuj Singhal अनुज सिंघल @_anujsinghal]

SEBI chief said he is open to suggestions on CAS if any tweak is needed. However he made it clear that it’s a transparent system with no manipulation.

What changes do you want ? Post using hashtag #CASKiAwaaz and we will collate them and send to SEBI.

[Sumit Kumar Nag @sumit_218]

@_anujsinghal Glad to see that mainstream media is supporting retail Traders and talking against this bastard Govt.

Modi and his third class Govt. is financial disaster for our Country.

[Sumit Kumar Nag @sumit_218]

No Trade Day 📵📈

In support of traders, I’m observing a No Trade Day due to CAS.

As I’m a positional trader, I do have existing positions, but I will not adjust, exit, or take any new orders today.

Sometimes, standing together matters more than trading.

Support Traders. 🤝

[Ravi Shankar Yadav @RaviSYadab]

@saurabh_gunjal_ Maro usko

[Ravi Shankar Yadav @RaviSYadab]

I am not trading today after SEBI introduced CAS. It has created a new market structure, and there are legitimate concerns about how the closing price can be influenced under the new mechanism.
@IRITA_india

[Ravi Shankar Yadav @RaviSYadab]

@KiranjitDas86 😂😂

[Ravi Shankar Yadav @RaviSYadab]

@arabicatrader Brutus

[Ravi Shankar Yadav @RaviSYadab]

@PRAFULKULKARN18 Kuch #tag banao sab koi usme share karenge

[Ravi Shankar Yadav @RaviSYadab]

@_anujsinghal 🫡🫡🫡

[Ravi Shankar Yadav @RaviSYadab]

@rishabhp4982 @yadavakhilesh Bewkoof insan hai tu, apna dimag ka ilaz karwa jake. Kahi Rajput nata bhi hoga to ladai karega, Brahman low IQ bhi hoga tere jaisa tab bhi wo padhai karega. Isi system ke wajah se 2000 saal tak sui bhi nahi bana paya India.

[Ravi Shankar Yadav @RaviSYadab]

@rishabhp4982 @yadavakhilesh Ye guru to kahi se bhi nahi hai guru ke andar sabhi wargo ko leke same feelings hona chahiye iske andar to hate hai

[Ravi Shankar Yadav @RaviSYadab]

@SriniVega Us wala q nahi karte is it tough?

[Ravi Shankar Yadav @RaviSYadab]

@DuttShekhar Yes it is always government vs citizens

[Ravi Shankar Yadav @RaviSYadab]

@CommerceGuruu Jhut bole kouwa kate

[Ravi Shankar Yadav @RaviSYadab]

@SarangSood @saurabh_gunjal_ Sabko expiry trading karna hai 😂 Wednesday ko sensex me waise bhi bohot jan trade nahi karta

[A Digital Blogger @adigitalblogger]

CAS does not need anyone to manipulate anything.

That is the problem with it.

Buy the index fund. Take the position on the index. The fund is then obliged to buy at the close, and the close is set by whatever clears in a window where cash turnover can be ₹100-200 crore on some expiry days.

Nobody has broken a rule. Nobody has coordinated with anybody. Intent cannot be established because none is required.

The regulator will now investigate, find nothing provable, and write a new rule to close a gap it opened itself.

Aa bhains mujhe maar.