{
  "id": 3894920,
  "title": "4,000% Options Surge in 15 Minutes Shows Wild India Auction",
  "url": "https://urgent.news/2026/08/28/4-000-options-surge-in-15-minutes-shows-wild-india-auction",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T04:31:57.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/articles/2026-08-28/4-000-options-surge-in-15-minutes-shows-wild-india-auction"
  },
  "original_language": "en",
  "account": null,
  "summary": "India’s new closing-auction system was meant to improve end-of-day prices. In the options market, however, the mechanism is producing extreme swings that are creating and wiping out gains in minutes.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "4,000% options surge in 15 minutes shows wild side of new CAS system",
        "url": "https://urgent.news/2026/08/28/4-000-options-surge-in-15-minutes-shows-wild-side-of-new-cas-system",
        "published": "2026-08-28T05:26:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}