When millions of retail investors piled into India’s options market to get rich quick, losses mounted and regulators launched a sweeping crackdown. 

On today’s Big Take Asia podcast, guest host Rebecca Choong Wilkins and India equities reporter Savio Shetty break down how the world’s largest options market unraveled, why regulators are struggling to police the country’s latest craze and where traders are placing their bets now. 

Read more: How India Built (and Broke) the World’s Biggest Options Casino

Further listening: Inside Jane Street: The Enigmatic Firm That Rules Wall Street

Watch, from Originals: How India's Day Retail Traders Lost Billions

Host: Rebecca Choong Wilkins; Guest: Savio Shetty; Produced by Naomi Ng and Yang Yang; Edited by Crispina Robert and Julia Weaver. Engineering by Sean Carter II.

When millions of retail investors piled into India&rsquo;s options market to get rich quick, losses mounted and regulators launched a sweeping crackdown.&nbsp;
On today&rsquo;s Big Take Asia podcast, guest host Rebecca Choong Wilkins and India equities reporter Savio Shetty break down how the world&rsquo;s largest options market unraveled, why regulators are struggling to police the country&rsquo;s latest craze and where traders are placing their bets now.&nbsp;
Read more: <a href="https://www.bloomberg.com/features/2026-india-options-market-boom-bust-sebi/">How India Built (and Broke) the World&rsquo;s Biggest Options Casino </a>Further listening: <a href="https://podcasts.apple.com/us/podcast/inside-jane-street-the-enigmatic-firm-that-rules-wall/id1578096201?i=1000794526052">Inside Jane Street: The Enigmatic Firm That Rules Wall Street</a>
Watch, from Originals:&nbsp;<a href="https://www.youtube.com/watch?v=cndVRiZ9Pdc">How India's Day Retail Traders Lost Billions</a>
Host: Rebecca Choong Wilkins; Guest: Savio Shetty; Produced by Naomi Ng and Yang Yang; Edited by Crispina Robert and Julia Weaver.&nbsp;Engineering by Sean Carter II.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

How India’s Day Traders Broke the World’s Biggest Options Market

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/02064fda-9c48-4a2a-bf95-b4e2015376e8/transcript