Comment on Mr Consistent returning incredible returns

Madan commented on 02 Mar 2014, 09:11 AM

Sanig,

I am sure there are successful option traders in India but i have not personally met anybody (who exclusively trade options). I know only few traders out of 1L traders we have in India. So, my sample size is negligible enough to come to any logical conclusion. Brokerage firm’s statistics might reveal the true info.

Am not really sure about the slippage in options(as i don’t trade them) but can say one thing for certain. ITM options volume is pathetic in India and 90 – 95% of the volume happens in 1st, 2nd and 3rd OTM option strikes.So essentially, the slippage would be higher in ITM than OTM(1st, 2nd and 3rd) options.

View the full comment thread »