Sign In

Delhi News Daily

  • Home
  • Fashion
  • Business
  • World News
  • Technology
  • Sports
  • Politics
  • Lifestyle
  • Entertainment
Reading: Uber driver’s Rs 2.5 lakh options trading loss sparks fresh debate over retail derivatives risk – Delhi News Daily
Share

Delhi News Daily

Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Delhi News Daily > Blog > Business > Uber driver’s Rs 2.5 lakh options trading loss sparks fresh debate over retail derivatives risk – Delhi News Daily
Business

Uber driver’s Rs 2.5 lakh options trading loss sparks fresh debate over retail derivatives risk – Delhi News Daily

delhinewsdaily
Last updated: July 9, 2025 1:39 pm
delhinewsdaily
Share
SHARE


Contents
A financial blow that outstripped incomeLive EventsA larger problemSebi’s recent movesThe Jane Street factor
A viral social media video featuring an Uber driver’s Rs 2.5 lakh loss in options trading has reignited concerns over retail participation in India’s high-risk derivatives market.

The video, posted on microblogging site X, captures the driver candidly recounting how he lost an amount equivalent to his entire annual income through options trading, a sobering reminder of the hazards retail investors face when navigating complex financial instruments without sufficient knowledge or capital.

“I incurred a loss of Rs 2.5 lakh in 2024, all through options trading. I had held stocks and they didn’t result in any loss. The entire loss came from options,” the driver said in Hindi.

LOTTERY CASINO KI TARAH AJKAL
Options trading ka NASHA sabko hai

Who made Profits : #JaneStreet
Who lost here : Poor Uber driver

Facts checked from this video :

He makes 25K from driving but
Lost 2.5L in options trading and
Funny thing is that he is not quitting

His quote :… pic.twitter.com/gzgfHvZDx6

— Vipin Gupta (@Vipster007) July 5, 2025

A financial blow that outstripped income

The driver, who earns Rs 25,000 a month, admitted that his foray into options was marred by a lack of adherence to basic trading protocols. When asked whether the loss equaled a full year’s income, he responded simply, “Yes.”

ET logo

Live Events

The Uber driver said he would only return to options trading if he could “have a good capital to invest.” His experience underscores the widening gulf between retail enthusiasm and market preparedness, a gap that regulators have been grappling with amid a surge in first-time retail traders post-pandemic.

A larger problem

The Uber driver’s story has drawn widespread attention not only for its personal gravity but also for what it represents. His confession has been held up as emblematic of a broader pattern: a growing number of retail investors entering derivatives markets without adequate financial literacy or safeguards.

Investor advocates and market analysts have repeatedly warned about the dangers of retail trading in leveraged instruments such as options, especially in an environment driven by social media tips, low entry barriers, and aspirational risk-taking.

Sebi’s recent moves

Interestingly, the Uber driver’s remarks also touched on regulatory reforms, in particular, changes introduced by the Securities and Exchange Board of India (Sebi) earlier this year.

“This is a good rule by Sebi; now there’s less chance of fraud,” he said, referring to Sebi’s January 2025 decision to switch fund settlement cycles for inactive accounts from weekly to monthly.

Previously, brokers were mandated to return funds from accounts that had remained inactive for over 30 days within three working days. Under the revised rules, such accounts will now be settled during the monthly running account settlement cycle, a move aimed at easing operational pressures and streamlining fund management practices.

The man in the video also expressed concern over high brokerage fees, indicating that trading costs further compound the risks for small investors with limited capital.

The Jane Street factor

The post accompanying the video also praised Sebi’s crackdown on global trading firm Jane Street, which had allegedly engaged in market manipulation. In a major enforcement action, Sebi recently seized Rs 4,840 crore from the firm, a development widely seen as a sign of the regulator’s increasing vigilance over market integrity.

While the Uber driver’s account is one of individual loss, the broader narrative it fuels is far from isolated. As derivatives volumes continue to balloon on Indian exchanges, market experts stress the urgent need for robust investor education and stronger gatekeeping mechanisms to prevent vulnerable participants from risking capital they cannot afford to lose.

Also read | Rs 735 crore in 1 day! Jane Street’s most profitable day on Dalal Street was built on Nifty Bank’s fall

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)





Source link

Share This Article
Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article News18 ‘Mission Temple’: BJP Blends Heritage Revival With Electoral Strategy In UP – Delhi News Daily
Next Article ILT20 2025 Retentions: Big Names Stay, Shocks & Surprises Unfold! | Sports – Times of India Videos – Delhi News Daily
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • PC Jeweller shares up 4% ahead of board meeting on fundraising plan – ET Retail – Delhi News Daily
  • US secretary of state Rubio Marco set to meet Russian foreign minister Sergey Lavrov; lands in Malaysia for Asean summit, what is on agenda? | World News – Times of India – Delhi News Daily
  • Ben Stokes: On plan for Shubman Gill, toss decision, pitch, Jofra Archer – Delhi News Daily
  • Motilal Oswal see 4% downside for Bharat Dynamics, starts coverage with neutral call amid lofty valuations – Delhi News Daily
  • Tharoor Shares Survey Projecting Him As Kerala CM Choice, Congress Leader Calls It ‘Cooked Up’ – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

Business

$6 billion donation: Warren Buffett makes his biggest annual charitable gift – Delhi News Daily

Warren Buffett has made his largest annual donation to date, giving away $6 billion worth of Berkshire Hathaway stock to…

3 Min Read
Business

Ethos block deal: Goldman Sachs sells shares worth Rs 48 crore in this smallcap stock – Delhi News Daily

Goldman Sachs on Thursday sold over 1.77 lakh shares of Ethos Limited via a block deal. The deal size is…

3 Min Read
Business

Vishal Mega Mart promoter to sell 10% stake worth Rs 5,057 crore via block deal: Report – Delhi News Daily

Vishal Mega Mart promoter entity Samayat Services LLP is expected to sell 10% equity in the company via block deals…

2 Min Read
Business

Gulf ambassadors raise concern about safety of nuclear facilities amid Israel-Iran conflict – Delhi News Daily

Gulf Cooperation Council ambassadors have expressed concerns to U.N. nuclear watchdog chief Rafael Grossi about the safety of nuclear facilities…

1 Min Read

Delhi News Daily

© Delhi News Daily Network.

Incognito Web Technologies

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?