SEBI important update on "HOW TO CONSIDER OPEN INTEREST IN OPTION CHAIN"

In India 93% retail traders are in loss and only 7% traders are making profit. Out of 100 traders 90 traders are taking OTM premium expecting that the premium will go like Rocket but its hardly happens, and loose their hard earn money. By keeping this in mind SEBI has new plan to keep the traders safe and educate them for not take OTM premium. Let's understand BEFORE & AFTER Effects of Open interest weighted formula from below IMAGE.