MCX Silver Mini 5 Kg OPTIONS on Futures launch :
MCX will be launching New Silver Mini 5 Kg OPTIONS on futures contract for trading from Monday, 19th July, 2021.
Segment : OPTFUT
Trading Unit: 5 Kg
Quotation: 1 Kg
Tick Size: 0.50 Rs.
Profit / Loss Per Tick: 2.5 Rs.
Number of Strike: 25 ITM - 1 ATM- 25 OTM (call and put) strikes. Total 51 call and 51 put strikes.
Strike Interval: 250.
Buy Side Premium value: ~? 7500 (Approx. Variable due to change in premium)
Sell Side Margin amount Approx 10%: ~? 35000.
Trading Timings: 9:00 am to 11:30 pm
Settlement mechanism: Future devolvement on expiry. ( No physical delivery ).