The Multi Commodity Exchange (MCX) on December 18, 2024, issued a circular regarding Commencement of Trading in Crude Oil March 2025 Option Contract with Crude Oil (100 Barrels) Futures as underlying.
The following has been stated: -
•The Crude Oil March 2025 Option Contract will be available for trading starting December 19, 2024, with Crude Oil 19 March 2025 Futures as the underlying asset.
•The contract expires on March 17, 2025, with option devolvement starting on March 13, 2025.
•Option positions will devolve into futures positions on March 18, 2025. Members are advised to refer to MCXCCL circulars for margin details and contract specifications.
[Circular No. MCX/TRD/829/2024]
