Option Trading Nightmare: ₹2 Crore Loss, ₹75 Lakh Debt Haunts Salaried Professional

• A 30-year-old professional lost over ₹2 crore in option trading and accumulated ₹75 lakh in loans.
• Started option trading as a side investment, but it became a habit to cover mounting losses.
• Despite a ₹2.85 lakh monthly salary, high EMIs and interest rates make it insufficient to cover expenses.
• Considering defaulting on loans, he sought advice on Reddit regarding the consequences and impact on his future.
• Netizens advised against defaulting, suggesting debt consolidation and proper financial planning to recover.

Why It Matters: High-risk option trading can lead to severe financial ruin and debt without proper understanding.