Review of Volatility Scan Range for Commodity Option Contracts · NCL/COM/76905
NSE circular NCL/COM/76905 · 15 Oct 2026
Official title
Review of Volatility Scan Range (VSR) for Option Contracts in Commodity Derivatives Segment
Official record
Open source pageSummary
Check the official recordWhat changed
NSE Clearing Limited updates the Volatility Scan Range for option contracts in the commodity derivatives segment for November 2026. This update applies to Copper, Gold, Silver, Zinc, Crude Oil, and Natural Gas. Members must apply the specified percentage rates for each commodity. The new rates take effect from November 1, 2026. The list includes all variants of the specified commodities.
What you must do
- Members must apply the specified Volatility Scan Range percentages for the month of November 2026.
Key dates
- Effective from
- 01 Nov 2026
- Effective date for the November 2026 Volatility Scan Range
- 01 Nov 2026
Document text
[Image omitted. See the official document.]
NSE Clearing Limited
| Department: COMMODITY DERIVATIVES SEGMENT | |
|---|---|
| Download Ref No: NCL/COM/76905 | Date: October 15, 2026 |
| Circular Ref. No: 0365/2026 | |
All Members,
Sub: Review of Volatility Scan Range (VSR) for Option Contracts in Commodity Derivatives Segment
This is in continuation to our circular no. 0335/2026 (Download Ref no NCL/COM/76334) dated September 15, 2026, and with reference to SEBI circular SEBI/HO/CDMRD/DRMP/CIR/P/2021/08 dated January 11, 2021, on Review of Volatility Scan Range (VSR) for Option contracts in Commodity Derivatives Segment.
Applicable VSR for the month of November 2026 shall be applicable to the below commodities including its variants:
| Sr. No | Commodity | Applicable VSR (%) |
|---|---|---|
| 1 | COPPER | 5 |
| 2 | GOLD | 5 |
| 3 | SILVER | 6 |
| 4 | ZINC | 5 |
| 5 | CRUDEOIL | 30 |
| 6 | NATURALGAS | 6 |
Members are requested to take note of the above.
For and on behalf of
NSE Clearing Limited
Huzefa Mahuvawala
Chief Risk Officer
| Telephone No | Email id |
|---|---|
| 1800 266 0050 (Select IVR option No 2) | risk_ops@nsccl.co.in |
Non-Confidential
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 15 Oct 2026
- Document number
- NCL/COM/76905
- Issuing division
- COMMODITY DERIVATIVES SEGMENT
- Effective date
- 01 Nov 2026
- Coverage area
- securities