MCX has issued a circular regarding a modification in the strike price interval for Silver and Silver Mini Options contracts.
With effect from January 29, 2026, the strike price interval will be revised from ₹250 to ₹1000 for:
| Contract | Current Interval | New Interval |
|---|---|---|
| Silver (30 Kg) | Rs. 250 | Rs. 1,000 |
| Silver Mini (5 Kg) | Rs. 250 | Rs. 1,000 |
This change will apply to both current and upcoming contracts.
Any existing ₹250-interval strikes will stay active.
By moving to a ₹1000 interval, MCX is reducing the number of option contracts so that trading activity is focused on fewer strikes. This can help improve liquidity and make the option chain simpler and easier to follow.
Check this MCX Circular for more details.