Review of Volatility Scan Range for Option Contracts in Commodity Derivatives Segment
NSE circular NCL/COM/75751 · 14 Aug 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 September 2026. The new ranges cover Copper, Gold, Silver, Zinc, Crudeoil, and Naturalgas. Members must apply these specific percentage values for the specified commodities and their variants. The changes follow previous regulatory guidance on volatility scan ranges.
What you must do
- Members must apply the specified Volatility Scan Range percentages for the month of September 2026.
Key dates
- Effective from
- 01 Sept 2026
- Applicability period start
- 01 Sept 2026
Document text
NSE Clearing Limited
| Department: COMMODITY DERIVATIVES SEGMENT | |
|---|---|
| Download Ref No: NCL/COM/75751 | Date: August 14, 2026 |
| Circular Ref. No: 0294/2026 |
All Members,
Sub: Review of Volatility Scan Range (VSR) for Option Contracts in Commodity Derivatives Segment
This is in continuation to our circular no. 0250/2026 (Download Ref no NCL/COM/75204) dated July 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 September 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
- 14 Aug 2026
- Document number
- NCL/COM/75751
- Issuing division
- COMMODITY DERIVATIVES SEGMENT
- Effective date
- 01 Sept 2026
- Coverage area
- securities