Rs. 1 lakh became Rs. 44 Lakh in 5 minutes? Trader's Sensex claim goes viral
India, Aug. 28 -- A trader has claimed that a hypothetical investment of Rs 1 lakh in a Sensex put option could have turned into nearly Rs 44 lakh in just five minutes during the closing period on Thursday, triggering a debate on social media.
The claim, posted on X, was based on a hypothetical trade and not on a disclosed real-money transaction.
Investor Vibhor Varshney wrote on X that if someone had bought Sensex 76,500 put options worth Rs 1 lakh at 3:15 pm and exited at 3:20 pm, the trade could have generated a profit of around Rs 44 lakh.
However, his post contained a typo, referring to the entry time as 3:15 am instead of 3:15 pm.
"If you have invested 1L in Sensex option 76500 PE at 3:15 AM and exited at 3:20 PM you would have ...
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