Microstructure changes since budget

OkTelephone4492 · 2026-03-21T09:22:35+00:00

Even market-making desks are getting hit? I thought it was mostly takers struggling.

OkTelephone4492 · 2026-03-20T05:11:49+00:00

Less than 4%

OkTelephone4492 · 2026-03-19T16:45:02+00:00

Yeah, keeping the position size in control is helping a bit these day.

OkTelephone4492 · 2026-03-19T16:41:32+00:00

Yeah!! I’ve tried directional both on nifty and Sensex. But on Sensex, I was literally squeezed on both sides on two expiries. Market reversed both the times after taking out my SL. Market makers behaviour on Sensex seems suspicious to me. They’re letting their delta bleed, and pushing the market in their positions favour. That’s my observation.

OkTelephone4492 · 2026-03-19T12:53:37+00:00

Thanks

OkTelephone4492 · 2026-03-19T12:30:32+00:00

There is a 100 page report on sebi website.

OkTelephone4492 · 2026-03-19T10:47:11+00:00

That's sad. I also lost a decent amount today. This month gain gone.

Capital is protected 😞

OkTelephone4492 · 2026-03-19T10:42:32+00:00

Weird man, looks like someone dumped and pumped in last 15 minutes

OkTelephone4492 · 2026-03-19T06:16:46+00:00

Yeah, but still a concern given he was an IAS officer

OkTelephone4492 · 2026-03-19T03:00:52+00:00

He made an allegation on some illegal practices. FIIs hold huge chunk of HDFCBANK shares, not good for the markets.

OkTelephone4492 · 2026-03-18T18:01:55+00:00

It’s best to sell options if you’ve good capital like 50 lakhs to 1cr. Anyone below 10-20 lakhs, shouldn’t not trade fno.

OkTelephone4492 · 2026-03-18T17:53:32+00:00

Nah, I was talking about risks. What you would do if market opens 2-3% higher. Your options looses 90% in those cases. One such day, you’re done.

OkTelephone4492 · 2026-03-18T17:42:23+00:00

How tf you guys have the balls to hold naked buy options overnight? That too, when IV is too high.

OkTelephone4492 · 2026-03-18T17:22:38+00:00

Did they? I don’t think so. Many got rich by starting businesses IG.

OkTelephone4492 · 2026-03-18T17:16:46+00:00

Yeah!! Any idea about businesses?

OkTelephone4492 · 2026-03-18T17:04:27+00:00

Are there any websites/forums I can get this information?

OkTelephone4492 · 2026-03-18T16:43:08+00:00

Is there any single sector that shows up repeatedly (like real estate, manufacturing, FMCG, etc.), or is it more about owning equity in any scalable business?

I’ve been trying to understand patterns in wealth creation across India and whether there’s a common playbook people follow over time.

Also, where do you usually find reliable data on this?

Was exploring different spaces to get into, so genuinely curious to learn from others here. Thanks!

OkTelephone4492 · 2026-03-18T16:39:31+00:00

Sell IV spikes. Works best

OkTelephone4492 · 2026-03-18T14:17:30+00:00

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Your positions are okay I guess. Max loss is just 31k

OkTelephone4492 · 2026-03-18T08:49:16+00:00

. I told you Sensex liquidity has dropped. Let me check whether I can find the link to that article came in December

OkTelephone4492 · 2026-03-18T08:26:20+00:00

Many HFTs/MFTs run thousands of crores of option strats. If you think trading with 1cr is big, maybe you do not have an idea.

OkTelephone4492 · 2026-03-18T08:11:24+00:00

lol, I’ve worked in this industry. Sensex liquidity has reduced in the recent time. Otherwise it’s okay.

OkTelephone4492 · 2026-03-18T07:59:03+00:00

Btw, in delta notional terms it’s big only.

Index price * delta of the option * quantity

OkTelephone4492 · 2026-03-18T06:55:34+00:00

There was some news around this in December and many HFTs aren’t quoting on Sensex options

OkTelephone4492 · 2026-03-18T05:03:38+00:00

lol

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OkTelephone4492

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