Review of Volatility Scan Range for Option Contracts in Commodity Derivatives Segment
NSE circular NCL/COM/76334 · 15 Sept 2026
Official title
Review of Volatility Scan Range (VSR) for option Contracts in Commodity Derivatives Segment for option
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 October 2026. The new ranges apply to Copper, Gold, Silver, Zinc, Crudeoil, and Naturalgas. Members must note these changes for their operations. The ranges vary by commodity from 5 percent to 30 percent.
What you must do
- Members must note the applicable Volatility Scan Range for the specified commodities.
Key dates
- Effective from
- 01 Oct 2026
- Applicability period start
- 01 Oct 2026
Who is affected
Document text
[Image omitted. See the official document.]
NSE Clearing Limited
| Department: COMMODITY DERIVATIVES SEGMENT | |
|---|---|
| Download Ref No: NCL/COM/76334 | Date: September 15, 2026 |
| Circular Ref. No: 0335/2026 |
All Members,
Sub: Review of Volatility Scan Range (VSR) for Option Contracts in Commodity Derivatives Segment
This is in continuation to our circular no. 0294/2026 (Download Ref no NCL/COM/75751) dated August 14, 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 October 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 Sept 2026
- Document number
- NCL/COM/76334
- Issuing division
- COMMODITY DERIVATIVES SEGMENT
- Effective date
- 01 Oct 2026
- Coverage area
- securities