Rs 2 Crore Options Trading Loss: Professional Drowns in Debt, Seeks Way Out

Business
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News18•07-01-2026, 12:44
Rs 2 Crore Options Trading Loss: Professional Drowns in Debt, Seeks Way Out
- •A 30-year-old salaried professional lost over Rs 2 crore in options trading, accumulating massive unsecured debt.
- •Despite a Rs 2.85 lakh monthly salary, he faces Rs 27L (HDFC Bank), Rs 28L (Bajaj), Rs 8-9L (NBFCs), and Rs 12L (credit cards) in loans.
- •He is considering defaulting on loans to gain mental peace, accepting a damaged credit score and future loan restrictions.
- •His viral Reddit post sparked debate on options trading risks and garnered advice from netizens.
- •Netizens suggested debt consolidation, prioritizing high-interest loans, and seeking professional financial advice.
Why It Matters: Options trading risks can lead to severe debt, highlighting the need for caution and financial advice.
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