The Delhi High Court begins hearing Chaitanya Rohilla's petition challenging Whatsapp's updated privacy policy.

Court asks the petitioner: What is your grievance? It's a private app, don't join it.
Court: What is the data you feel is going to be compromised?

Petitioner: Whatsapp shares information globally. Everything they gather from us is shared.
Court: Mr. Lal, there are two issues. One is that your personal messages are looked into and shared. Two is that your browsing history is shared.

Petitioner: They analyze browsing history and form an opinion about the user and share that.

Court: All apps do that.
Petitioner: In Europe and the US, Whatsapp gives an option to accept or reject the updated policy. But here in India, no such option is given.

Court: You have an option, don't use the app.
ASG Chetan Sharma appearing for the I & B Ministry says this issue needs analysing.

Sr. Adv. Mukul Rohatgi: I am appearing for Whatsapp.

Sr. Adv. Sibal: I am appearing for Whatsapp, you're appearing for Facebook.
Rohatgi: Either way, I am submitting that the app is completely safe to use. Let the petitioner be reassured that all chats between friends, relatives, etc will be encrypted and safe.
Sibal: Users have the option to engage with the business app or not.
Sibal submits for Whatsapp: This petition itself is not maintainable.

Court: List the case for 25th.
Counsel for Petitioner persists.

Court: I doubt that you have read any of the policies of any of the apps, you'll be shocked as to what all you consent to, and it is all voluntary, if you don't want, don't use the app. I am yet to understand your concern.

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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.