Review of Volatility Scan Range for Option Contracts in Commodity Derivatives Segment
NSE circular NCL/COM/75204 · 15 Jul 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. This update applies to the month of August 2026. The new range applies to Copper, Gold, Silver, Zinc, Crudeoil, and Naturalgas. Members must apply the specified percentages for these commodities and their variants. The percentages range from 3 percent to 30 percent based on the commodity type.
What you must do
- Members must apply the specified Volatility Scan Range for the month of August 2026.
Key dates
- Effective from
- 01 Aug 2026
- Applicability period for the updated Volatility Scan Range
- 01 Aug 2026
Document text
NSE Clearing Limited
| Department: COMMODITY DERIVATIVES SEGMENT | |
|---|---|
| Download Ref No: NCL/COM/75204 | Date: July 15, 2026 |
| Circular Ref. No: 0250/2026 |
All Members,
Sub: Review of Volatility Scan Range (VSR) for Option Contracts in Commodity Derivatives Segment
This is in continuation to our circular no. 0208/2026 (Download Ref no NCL/COM/74705) dated June 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 August 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 Jul 2026
- Document number
- NCL/COM/75204
- Issuing division
- COMMODITY DERIVATIVES SEGMENT
- Effective date
- 01 Aug 2026
- Coverage area
- securities