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

  • ‘I couldn’t speak. I froze’: Indian origin priest accused of molesting beauty queen in Malaysia; police launch manhunt – Times of India – Delhi News Daily
  • Lenskart’s Bansal set to join list of founders with pre-IPO stake boosts – ET Retail – Delhi News Daily
  • Trump assassination attempt case: Secret Service suspends 6 personnel; deputy says ‘can’t fire our way out’ – Times of India – Delhi News Daily
  • Who was Virginia Giuffre? The voice that took on Epstein – and why her ghost haunts Trump administration – Times of India – Delhi News Daily
  • ‘Equine armed with explosives’: Mule laden with explosives kills soldier in Colombia; National Liberation Army blamed – Times of India – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

Business

G7 leaders try to salvage their summit after Trump’s early exit effectively makes it the ‘G6’ – Delhi News Daily

Six of the Group of Seven leaders were trying as their summit wraps up Tuesday, to show the wealthy nations'…

8 Min Read
Business

Tariffs a temporary storm, structural reforms key for India: Arvind Sanger – Delhi News Daily

"But getting some reasonable framework is clearly going to be a relief for the Indian market because unpredictability is worse…

8 Min Read
Business

Reliance Infrastructure jumps 5% as defence arm bags Rs 600-crore export deal from Germany’s Rheinmetall – Delhi News Daily

Shares of Reliance Infrastructure surged 5% on Wednesday following an announcement by its subsidiary Reliance Defence that it secured a…

2 Min Read
Business

Asian Paints shares up 8% in 1 week amid rising momentum, even as regulatory clouds loom – Delhi News Daily

Shares of Asian Paints have gained 8.3% over the past week, rising as much as 1.8% on Thursday, as falling…

4 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?