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u/gareeeeeb 15 hours ago Discussion

ONE-DAY TRADING BOYCOTT. #CAS_ROLLBACK.

Bunk trading on 12 august (today) time for the regulator and exchange to know about the ongoing mess that CAS comes up with. Retail investors and traders should hold this seriously a single no trading day cannot much affect your portfolio but certainly can create an effect on exchanges. P.s - I haven't traded anything after friday last week cause nothing left on the table ( compared to risk size )
28 comments held Reddit says 1 on reddit ↗
  1. u/AutoModerator moderator 1 15 hours ago
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  2. u/cuddle_supplier04 1 15 hours ago
    Bhai teri maange kya hai ye toh bta de..😂CAS Se Kaise effect Ho rha hai ye bhi bta de..
  3. u/gareeeeeb OP 1 15 hours ago
    Options should expire with spot.
  4. u/cuddle_supplier04 1 15 hours ago
    Usse kya ho jayega 😂
  5. u/gareeeeeb OP 1 15 hours ago
    Ussee bahut kuch sudhar jayega. Options price m laast movement mein uncertain volatility kaam hojayega. You can refer to the options charts on jane street times how it can possibly behave. All our hedges can be very expensive if it goes like this
  6. u/Prodding1982 1 14 hours ago
    Apart ftom hero zero traders , nobody is impacted due to CAS. Who trades the last 15 mins anyway? I agree CAS should have been tested properly before rolling out, but CAS isn't the villian. Instead- - Reduce/ Remove STT - Remove physical settlement of stock derivatives
  7. u/gareeeeeb OP 1 12 hours ago
    Brother hero zero traders are not counted as traders first of all. And secondly the who trades the last 15 min? Seriously, nobody trades last 15 mins cause on 0 dtes the options decays w.r.t time but CAS implementation makes an uncertain settlement of spot so the option doesn't decay. Gamma keeps on moving. This CAS will create last 15 min traders for sure.
  8. u/Prodding1982 1 12 hours ago
    No retail trader should touch 0 dtes in the last 15 mins.. It's purely in the gambling territory.. The gamma blast is for gamblers.
  9. u/AnyStill9925 1 14 hours ago
    Abolish STT
  10. u/Competitive_Air7402 1 15 hours ago
    cas isnt even issue anymore, infirst few days it was volatile because market was digesting the new structure, now it merely moves 20-25 points
  11. u/gareeeeeb OP 1 15 hours ago
    But it opens the window for future gambling also unless you have a transparent volumes the option prices also behave differently (due to uncertain of the spot closing)
  12. u/boredwithlyf 1 14 hours ago
    What do you mean future gambling
  13. u/gareeeeeb OP 1 12 hours ago
    In upcoming future ( aane wala kal ) it can be easily gambled
  14. u/TheMohan 1 11 hours ago
    He didn't ask english to hindi translation. He was asking what you mean by it in practicality
  15. u/Competitive_Air7402 1 11 hours ago
    i dont really get tf u mean by uncertain closing, like dude options legit tell you whats the closing gonna be
  16. u/PristineCat7983 1 15 hours ago
    Cas volatility issue toh khatam ho gaya na? Fight karna he tha toh SEBI se increased margin aur increased lot size k liye karna tha.
  17. u/gareeeeeb OP 1 15 hours ago
    When did it resolved? How you figured out it has resolved?
  18. u/PristineCat7983 1 14 hours ago
    The closing volatility is gone. CAS system is followed by major stock exchanges of the world.
  19. u/gareeeeeb OP 1 14 hours ago
    Just a 3-4 days with less volatility can't be considered as forever stability. It is always about the potential risk this system creates brother
  20. u/PristineCat7983 1 14 hours ago
    I am giving it benefit of doubt that it's the initial implementation which led to that crazy volatility. Also, for potential risk in future. Players like Jane Street will find their ways and will always be step ahead of SEBI and retail. Jan street did whole lot of manipulation when there was no CAS.
  21. u/gareeeeeb OP 1 12 hours ago
    Yes by considering what we have been through why shouldn't we must be concerned before the Strom? Why we give an easy access window to such uncertainty? Fir to gadha v indian stock market ko chala skata hai
  22. u/PristineCat7983 1 12 hours ago
    Your assumption that CAS will bring storm is also a doom's day call. Can you provide the data from the international exchanges where CAS is followed and have been married by manipulation due to it? Why you think the older last 30 mins vwap system for closing price followed by the Indian exchanges is immune to manipulation?
  23. u/gareeeeeb OP 1 12 hours ago
    I'm not against this CAS working model just that everything should settle at the same time. The older 30mins vwap isn't immue to manipulation at all but you can make a exit at very low cost. Just simply the point is CAS is very idle way to find the price but the options should be settled or close at 3:15pm just this
  24. u/AnyStill9925 1 15 hours ago
    Weird protest but I'm up for it!! No trade 
  25. u/gareeeeeb OP 1 15 hours ago
    Hahah right but need new ( weird ) changes in every aspects.
  26. u/dettergent 1 14 hours ago
    I already traded, God damn it.
  27. u/amitsingh80108 1 14 hours ago
    CAS is joke. Morning false discovery can get corrected by full day of trading,, but manipulation in closing can become nightmare for many.
  28. u/cuddle_supplier04 1 13 hours ago
    Edit - Today, the market has moved more than it did over the entire past 10 days. So Yeah F Your Protest...🤡