Scalper Rushabh

Scalping Nasdaq futures and sometimes gold, bias on 1 hr, entry on 1 min

[Srinivasan @SriniVega]

Looking at today's derivatives market action, it increasingly feels as though price discovery is being driven by participants with enormous capital rather than by broad market participation.

For smaller traders, skill, analysis, and risk management seem to be taking a back seat to sheer muscle power.

If this is the intended direction of the market, be transparent about it. If not, regulators must ask whether the current market structure is still serving the purpose of fair and efficient price discovery.

Here's the irony at 1:15pm

The ATM straddle is still trading at ₹602 with barely 2 hours left for expiry. If the spot ultimately settles at the ATM strike, that premium will decay to ₹0. Yet the market is still pricing in roughly a ±0.8% move into the close, largely because the final settlement price will be determined during the Closing Auction Session (CAS).

If the objective is to gradually kill expiry-day options trading, why run the show at all?

#Srinivega #OptionsTrading #CAS

[Mitesh Patel @Mitesh_Engr]

Let’s stop trading option for a few months.
If u all are agree then spread this as much as possible and bring down volume.
I don’t have any position today.

[Scalper Rushabh @RunwalRushabh]

@BSEIndia @SEBI_updates aur aap apni maa kudaye

[Scalper Rushabh @RunwalRushabh]

@Ronak_Unadkat I wouldn't be surprised if the sebi has asked fund managers to trade during CAS. Couldn't get worse

[Bandi Shreyas @BandiShreyas]

So what I have understood is, its like a T20 cricket match where in the 19th over everyone's TV will stop broadcasting the match, and after sometime the results will be announced and we have to accept the result

😅

#rollbackCAS

[Keshav Arora @CommerceGuruu]

3:15pm

Market closes

Index freezes

Stops moving

But options don’t stop. For the next 5 minutes, only option prices moving and indicating 24615

Only after that does Nifty’s actual discovered price show up for everyone else

So who was watching that price discovery live, and moving option prices on it before the rest of the market even saw it?

That’s not price discovery

That’s 100% manipulation, and it’s a massive scam

@SEBI_updates

[A Digital Blogger @adigitalblogger]

CAS is not new.

America, Germany, Europe, Hong Kong all run closing auctions.

One thing separates India from them.

Timing.

America: settles on the close, and stops trading at the close.

Germany: the auction starts, the expiring contract stops. Same second

Europe: the main index options settle on an index average taken around midday. Nowhere near the close.

Hong Kong: ran a closing auction, suspended it after a crash, brought it back seven years later in phases, and kept derivative products out of it entirely.

India: settlement forms in an auction between 3:15 and 3:35, and the expiring option trades right through it, and five minutes past it.

Everywhere I checked, the expiring contract stops before its own settlement price is formed. In India, it does not.

Was this the reason that caused the expiry chaos?

Sensex expiry runs on the same design.

On what basis was this designed at all?

[Scalper Rushabh @RunwalRushabh]

@OptionTrading03 Strait of hormuz, Iran says no talks

[Scalper Rushabh @RunwalRushabh]

@OkalaNQT Why aren't you coming live these days??

[Dr. Maalouf ‏ @realMaalouf]

Not a single woman or child. Only military-age men.

That’s because they are not refugees. They are soldiers, and this is a religious war of conquest.

Europe needs to wake up.

[MULTIVERSE @dalit_in]

Indian origin have more balls than whites in USA.

[Ajay Jadeja @AjayJadeja171]

Paris is burning. Thousands of illegal are on the street. They are turning France in their native places like Syria, Pakistan, Yemen, Sudan

When you import illegal from third class countries, then you guys deserve this

After UK, France has also fallen

[Scalper Rushabh @RunwalRushabh]

@dudeitsokay When an enemy makes a mistake, learn to STFU

[Scalper Rushabh @RunwalRushabh]

@salmanmunir96 Okay, I always doubted

[Scalper Rushabh @RunwalRushabh]

@rautsanjay61 @realDonaldTrump मराठीत बोल madarbhagat

[Mihir Jha @MihirkJha]

This Explains the Silent wave in West Bengal

[BhikuMhatre @MumbaichaDon]

"TMC can do anything. If results are very bad, they may try to delay process leading to vi0£ence & tension"

Adhir Ranjan Chowdhury knows TMC too well. He's only 'man' in CONgress fighting TMC since 15 yrs despite threat to his life. CONgress removed him as LoP in LS in reward.

[Dominik Tarczyński MEP @D_Tarczynski]

May 16th. London.

Be with us.

[Arjun Tandon @iarjuntandon]

Next time SEBI releases its F&O study, it should split loss making traders into two groups:

- Before STT
- After STT

That will clear up if STT is protecting traders or just adding to their losses.