Modification in WTI Crude Oil Futures and Options on Futures Contracts · 20260825-15
BSE notice 20260825-15 · 25 Aug 2026
Official title
Modification in WTI crude oil Futures and Options on Futures Contracts.
Official record
Open source pageSummary
Check the official recordWhat changed
BSE modifies WTI Crude Oil derivatives contracts effective September 07, 2026. The exchange changes the product symbol from WTICRUDE to CRUDEOIL for both Futures and Options on Futures. For Options on Futures, the exchange increases the strike range to 50-1-50 and moves the expiry day to five business days before the underlying futures contract expiry. This expiry change applies to contracts expiring in September 2026 and later. The exchange updates the contract master file on September 04, 2026. Trading members must participate in a mock trading session on September 05, 2026.
What you must do
- Participate in the mock trading session
Key dates
- Contract master file generation
- 04 Sept 2026
- Mock trading session
- 05 Sept 2026
Document text
[Image omitted. See the official document.]
NOTICE
| Notice No. | 20260825-15 |
| Notice Date | 25 Aug 2026 |
| Category | Trading |
| Segment | Commodity Derivatives |
| Department | Trading Operations |
| Subject | Modification in WTI crude oil Futures and Options on Futures Contracts. |
| Attachments | Annexure |
[Image omitted. See the official document.]
Trading Members are hereby requested to note that the following modifications are being made to the WTI Crude Oil derivatives contracts, effective from September 07, 2026.
| Product | Instrument Type | Existing | Revised |
|---|---|---|---|
| Symbol | Futures (FUTCOM) & Options on Futures (OPTFUT) | WTICRUDE | CRUDEOIL |
| Expiry Day (Last Trading Day) | Options on Futures (OPTFUT) | Two business days prior to the Expiry Day of the underlying futures contract | Five business days prior to the expiry day of the underlying futures contract |
| Strikes | 25-1-25 (ITM-ATM-OTM). Exchange may introduce additional strikes, if required. | 50-1-50 (ITM-ATM-OTM). Exchange may introduce additional strikes, if required. |
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The revision in the Expiry Date of WTI Crude Oil Options on Futures shall be applicable from the contract expiring in September 2026 and onwards.
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The WTI Crude Oil Options on Futures contract launch calendar with the revised expiry dates is specified in the notice.
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The revised expiry date of the existing WTI Crude Oil Options on Futures contracts shall be available in the contract master file, which shall be generated at the end of the day on September 04, 2026, and shall be applicable for the trade date September 07, 2026.
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There shall be no change in the expiry cycle of WTI Crude Oil Futures contracts.
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Trading Members are requested to actively participate in the mock trading scheduled on September 05, 2026.
Please find below the revised launch calendar for WTI Crude Oil Options on Futures contracts.
| Contract Month | Contract Launch Date | Options Contract Expiry | Underlying Futures Expiry |
|---|---|---|---|
| September 2026 | May 19, 2026 | September 14, 2026 | September 21, 2026 |
| October 2026 | June 19, 2026 | October 12, 2026 | October 19, 2026 |
| November 2026 | July 21, 2026 | November 12, 2026 | November 19, 2026 |
| December 2026 | August 20, 2026 | December 11, 2026 | December 18, 2026 |
| January 2027 | September 22, 2026 | January 12, 2027 | January 19, 2027 |
| February 2027 | October 20, 2026 | February 12, 2027 | February 19, 2027 |
| March 2027 | November 20, 2026 | March 12, 2027 | March 19, 2027 |
| April 2027 | December 21, 2026 | April 12, 2027 | April 19, 2027 |
[Image omitted. See the official document.]
| Contract Month | Contract Launch Date | Options Contract Expiry | Underlying Futures Expiry |
|---|---|---|---|
| May 2027 | January 20, 2027 | May 12, 2027 | May 19, 2027 |
| June 2027 | February 22, 2027 | June 14, 2027 | June 21, 2027 |
| July 2027 | March 22, 2027 | July 12, 2027 | July 19, 2027 |
| August 2027 | April 20, 2027 | August 12, 2027 | August 19, 2027 |
| September 2027 | May 20, 2027 | September 13, 2027 | September 20, 2027 |
| October 2027 | June 22, 2027 | October 12, 2027 | October 19, 2027 |
| November 2027 | July 20, 2027 | November 11, 2027 | November 18, 2027 |
| December 2027 | August 20, 2027 | December 10, 2027 | December 17, 2027 |
For any further clarifications, trading members are advised to contact their designated Relationship Manager.
For and on behalf of BSE Ltd.,
| Ketan Jantre | Kaushal Mehta |
|---|---|
| Head – Trading Operations | VP – Trading Operations |
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 25 Aug 2026
- Document number
- 20260825-15
- Issuing division
- Trading Operations
- Effective date
- 07 Sept 2026
- Coverage area
- securities