India’s new closing-auction system is triggering extreme volatility in the options market, with prices swinging sharply within minutes. During the first monthly expiry under the new system at BSE, a Bankex put option surged nearly 4,000% from Rs 1.70 to Rs 68.55 before crashing to zero, all within 15 minutes, highlighting the risks of compressed end-of-day trading.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.