When will this terror of CAS end
From +₹78k to -₹50k in a split second, as CAS closed unexpectedly below 74400 in the last second. The loss occurred primarily because of my greed to scalp another ₹8k, but all the ITM CEs were pointing to a close above 74400, even going above 74500, and then, in the very last second, CAS closed 100 points lower.
Sure, I'm to blame for taking that risk, but this level of volatility and chaos simply cannot continue. Fuck it, let's go with the second proposal in the CAS consultation paper and have F&O settle at 3:15 PM. It's far healthier to end F&O during regular trading hours using the tested VWAP mechanism than to have this CAS mess.
https://preview.redd.it/54mqo2ja22qh1.png?width=1253&format=png&auto=webp&s=57e7007cc6db308f5c6016d573052bd5b7d13746
https://preview.redd.it/sey12chn22qh1.png?width=2546&format=png&auto=webp&s=333dab0f8d3fd08528cd68295bbde0abc99ea6a8