Search for an answer or browse help topics to create a ticket

Featured

Show moreless
View all categories

Which commodity options contracts can be traded on Kite?

MIS is blocked for commodity options contracts. Only current-month commodity options can be traded in Zerodha. However, the next month's contract will be available for trading from the day of the expiry of the current month's contract.

The MCX options contracts that can be traded on Kite are:

Contracts Lot size
COPPER 2500 KGS (Kilograms)
CRUDE OIL 100 BBL (Barrell)
GOLD 1 KG (Kilogram)
GOLDM 100 Grams
NATURAL GAS 1250 MMBTU (Metric Million British Thermal Unit)
NICKEL 1500 KGS (Kilograms)
SILVER 30 KGS (Kilograms)
SILVER M 5 KGS (Kilograms)
ZINC 5 MT (Metric tonnes)

In MCX contracts in India, the lot size refers to the standardized quantity or volume of a specific commodity traded in a single contract. It represents the minimum quantity of the commodity that can be bought or sold in a single transaction on the MCX. The settlement type and the last dates of trading can be found on this list (DOC).

Example Scenario

  1. The lot size for gold contracts on MCX is 1 kilogram, allowing traders to buy or sell gold in multiples of 1 kilogram.
  2. If a trader purchases one lot of gold contracts, they are transacting with 1 kilogram of gold.
  3. Likewise, if a trader sells one lot, they are selling 1 kilogram of gold.

To learn more, visit zerodha.com/varsity/chapter/gold-part-1.

Did you know? Market orders are blocked for MCX options due to illiquidity. Only Limit and SL orders are allowed. To learn more, see What are limit and market orders? and What are stop loss orders and how to use them?