Man Loses ₹2 Crore in Options Trading, Seeks Debt Advice on Reddit

• A 30-year-old professional lost over ₹2 crore in options trading, accumulating significant unsecured debt despite a ₹2.85 lakh monthly income.
• His total debt includes ₹27 lakh from HDFC, ₹28 lakh from Bajaj OD, ₹8-9 lakh from NBFCs, and ₹12 lakh in credit card dues.
• He posted on Reddit seeking advice, considering defaulting on loans and accepting a destroyed credit score to rebuild his life.
• Netizens offered varied advice, including debt consolidation, prioritizing high-interest loans, and seeking professional financial management.
• The man has stopped trading and plans to save aggressively, live within his means, and stay debt-free, while also considering future marriage.

Why It Matters: A man's ₹2 crore options trading loss highlights financial risks and debt management challenges, sparking online debate.