The National Stock Exchange (NSE) on March 02, 2026, issued the notification regarding the Modification in Number of Strikes of WTI Crude Oil Options on Futures.
The following has been stated namely: -
• The minimum number of strikes for WTI Crude Oil Options on Futures is being revised from 25 in-the-money + 25 out-of-the-money + 1 near-the-money (total 51 CE & 51 PE) to 50 in-the-money + 50 out-of-the-money + 1 near-the-money (total 101 CE & 101 PE).
• The change is intended to ensure sufficient availability of strike prices for market participants and to cover a wider price range due to rising geopolitical tensions.
• The revised minimum number of strikes will be effective from March 03, 2026 for contracts expiring in March 2026 and thereafter.
[Notification No. NSE/COM/73091]
