Last Updated on July 11, 2026 12:25 pm by BIZNAMA NEWS

STAFF REPORTER

The National Stock Exchange of India (NSE) has announced a record-breaking performance for its Crude Oil Options, with the segment achieving its highest-ever daily premium turnover of ₹2,006.49 crore on July 9, 2026.

Key Milestones Achieved:

  • Record Turnover and Volume: The exchange recorded a daily premium turnover of ₹2,006.49 crore alongside its highest-ever volume of 47,33,862 contracts.
  • Peak Open Interest: Market participants pushed the intraday Open Interest to over 1,14,000 contracts on the same day.
  • Growing Participation: These milestones highlight the increasing adoption of NSE’s Crude Oil Options for hedging and managing price risks in the energy market.

Strategic Changes Driving Growth:

The NSE attributed this surge in activity to recent refinements in contract design, particularly the adjustment of expiry dates.

  • Crude Oil Options: Effective November 6, 2025, the NSE shifted the expiry date from two business days prior to the underlying futures expiry to seven business days, offering traders greater flexibility.
  • Natural Gas Options: Responding to similar market feedback, the expiry for Natural Gas Options was adjusted to four business days prior to the underlying futures expiry, effective from May 25, 2026.

“The growing participation underscores the relevance of the revised contract design and the increasing confidence of market participants in the product,” the NSE stated in its release. Looking ahead, the exchange remains committed to refining its product offerings to enhance liquidity and improve risk management across commodity derivatives.