CA Rishabh Jain

Do less earn more #AlgoTrader

[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

[Ravisutanjani @Ravisutanjani]

🚨 Infrastructure Build in The Last Decade in India

Need More Such Quality Data Based Infographics

This Should Make Every Indian Proud Today 🔥❤️

[Abhay @AbhayySrivastav]

Work more than 70 hours a week,
Pay half your salary in Tax,
Pay for Wifi and Mobile recharge separately,
Pay to just keep incoming going on,
OTT is filled with Ads,
Social Media is filled with negativity,
Companies keep increasing internet plans because you can't survive without it.

Digital India Well done. 👏

[Sarang Sood @SarangSood]

It's almost impressive how accurately the opposite is happening

#RollbackCAS

[RedboxGlobal India @REDBOXINDIA]

MID-AIR NIGHTMARE! AIR INDIA PLANE PLUNGES 300 FEET, 15 HURT, CABIN CREW INJURED, DGCA INVESTIGATES PHUKET-DELHI FLIGHT

[ASAN @Asan_research]

Few days ago, he was about to disclose a Scam

[Muthukrishnan Dhandapani @dmuthuk]

P.R. Sundar faces sexual harassment complaint.

P.R. Sundar has been booked by Ice House police based on a sexual harassment complaint filed by a female news reader.

A case has been registered under 5 sections including sexual harassment, Prevention of Women from Sexual Harassment Act, and criminal intimidation.

Investigation is underway.

The complaint alleges that he used a work related acquaintance to sexually harass her, locked her in the office for three hours, and threatened her.

Police have also registered a case against his wife, alleging that she acted in support of P.R. Sundar in this matter.

[PRAFUL KULKARNI @PRAFULKULKARN18]

1.Reduction of 0DTEs
2.Utterly stupid ELM
3.Choking of prop trading
4.Increasing STT, which itself is a redundant tax

Now this horrendous CAS.

SEBI seems to have lost it.

#rollbackCAS

[PRAFUL KULKARNI @PRAFULKULKARN18]

I think not even 2000 cr turnover would have happened in today's CAS.
And this illiquid shit is used to settle contracts of a derivative market which is 100X bigger.

🔔 Fair price discovery!

[Aditya Singhania @SimpleAditya_9]

Black & Scholes Model my ass

In India NSE decides option premiums which can go beyond logic😈

Kudos @NSEIndia

[Shijumon Antony @Shijumonantony]

Height of shamelessness.

[Sumit Behal @sumitkbehal]

We are introducing the Closing Auction Session (CAS) to reduce manipulation in Nifty

Nifty :

[Yogeeswar @yogeeswarpal]

Petition to close equity F&O by 3.15PM, If CAS is not rolled back.

@SEBI_India @NSEIndia @BSEIndia @latha_venkatesh @CNBCTV18Live @_anujsinghal @ETNOWlive

[Piyush Trades @piyush_trades]

For everyone’s information, Airtel made a net profit of ₹33,000 crores, and Jio made a net profit of ₹30,000 crores after taxes last year.

The return on capital employed for both Jio and Airtel is above 14%, which is extraordinary for companies of their size.

There’s absolutely zero excuse for increasing prices, except that there is a duopoly, and they can freely extract more money from Indians with virtually no restrictions.

[CA Rishabh Jain @rish1908]

@saketh1998 kickbacks needed as they all are running low on these days salaries bro

[Saketh R @saketh1998]

Can anyone tell me why was CAS even needed in the first place?

Markets have run decades together without any issues with the average closing rate.

[PRAFUL KULKARNI @PRAFULKULKARN18]

This is such a horrible shitty brainless move by SEBI.

ROLL BACK C.A.S!!!

#RollbackCAS

[Sarang Sood @SarangSood]

The mastermind behind CAS deserves some recognition. If reducing retail participation was the objective, this is a masterclass. Credit where it's due.

But Indian option traders are a different bread. Give them sometime and they'll find a way out of it.

I know we joke about it, but Theta decay still remains an edge.

[CA Rishabh Jain @rish1908]

@SarangSood true

[CA Rishabh Jain @rish1908]

@PRAFULKULKARN18 same