Why 93% of F&O Traders Lose Money in India, Decoded

SEBI found 93% of over 1 crore individual F&O traders lost money over FY22-FY24, losing ₹1.8 lakh crore total.

Time decay (theta), high leverage and ₹50,000 crore in transaction costs quietly drain most retail accounts.

SEBI raised contract size to ₹15 lakh and cut weekly expiries to one index per exchange to curb the frenzy.

Buying cheap weekly options near expiry is closer to a lottery ticket than an investment.

If you must trade, size small, define risk, sell premium carefully and treat losses as tuition, not a strategy.