IDFC First Bank's options trade data showcased crores of bearish options bets placed on February 19, two days before it disclosed that it'd uncovered a massive ₹590-crore fraud by its Chandigarh branch employees. The ₹85 sell-price option saw 2.68 crore contracts traded on February 19, higher than usual. The option saw pronounced volatility in sessions leading up to February 20.