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Mysterious Option Trades Put Spotlight on Key Indian Stock Index

Mysterious Option Trades Put Spotlight on Key Indian Stock Index

Bloomberga day ago
As India's securities regulator ramps up scrutiny of the options market, some investors are pointing to mysterious moves in contracts tied to the nation's benchmark index as evidence of questionable trading activity.
Traders say one tell-tale sign of abnormal price action can be seen in the so-called straddle on the NSE Nifty 50 Index. A hard-to-explain increase in its price during expiration days has become a common sighting in recent years, though it doesn't always happen. It was visible as recently as mid-May.
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