PR Sundar, a math teacher, learned about options from the most basic source - the stock exchange booklet - that every dealer working in a broker’s office reads. He still maintains that the book is his primary source of knowledge. While the source of information was the same, the knowledge that Sundar could extract from that source was much higher than what most are capable of.
Born in a poor family, Sundar, a post graduate in mathematics, took to teaching as there were few job opportunities back then. A teaching assignment in Singapore helped him save capital to think about returning back to India and starting a business. A strange happenstance brought Sundar to the market and he has never looked back.
A successful trader who earned his spurs in the options market, Sundar continues to teach, only this time the subject has changed to options. But like every good teacher he is more interested in clearing the cobwebs and imparting knowledge, which can remain lifelong, than spoon-feeding strategies.
Q: How did a math teacher end up trading options?
A: After my post-graduation in mathematics from Chennai, I bagged a job as a maths teacher in a school in Gujarat as there were few jobs in south India then. Among the many good things that Gujarat has to offer, one is the interest in share markets and investing, which stuck with me. Since markets are about numbers, I was naturally attracted towards it.
I received an opportunity to work as a maths teacher in Singapore and moved there in 1993. After a 12 year stint in Singapore, I returned back to India with some capital to start a business. I was looking out for an alternate career other than teaching.
By a fortunate coincidence a relative,
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