MCX Silver Mini Option Chain
A real-time MCX Silver Mini option chain, streamed straight from the MCX feed. Every strike carries last-traded price, open interest and today's OI change, implied volatility, volume and the full greeks, with the at-the-money strike highlighted and the futures price and PCR live above the table. Below it you get open interest charted by strike, the call and put walls that act as resistance and support, and Max Pain.
Option Chain
— · live LTP, OI & greeks across — strikes.
About MCX Silver Mini
Silver Mini is a 5 kilogram contract against the full-size 30, a sixth of the exposure on the same metal. For most retail traders it is the only sane way to hold a silver options position through a volatile week without the margin dominating the account.
How to read the MCX Silver Mini option chain
Calls sit on the left of the table, puts on the right, and the strike price runs down the middle. The at-the-money strike is highlighted, and in-the-money rows are shaded on each side — so the shading crosses over at the money, which is the fastest way to find where price actually is.
Four columns carry most of the information. LTP is the last traded premium. OI is how many contracts remain open at that strike, and OI change is how that has moved today — the difference between a level that has been crowded for a week and one that is being built right now. IV is the implied volatility the market is charging, and comparing it across strikes shows you the skew: which side traders are paying up to own.
The mini and the full-size contract can drift apart on quotes when the book is thin, particularly late in the evening session, so read the two side by side before assuming you have found a mispricing. Open interest here is small in absolute terms and should be judged against its own history, not against the main contract's.
Below the table, open interest is charted by strike so the walls are visible at a glance, alongside Max Pain and the put-call ratio. Hovering any cell brings up that leg's day open, high, low, previous close, greeks and last trade time.
MCX Silver Mini contract specifications
- Exchange
- MCX
- Underlying
- MCX Silver Mini futures
- Lot size
- 5
- Contract size
- 5 kilograms
- Quoted in
- rupees per kilogram
- Expiry cycle
- Monthly, expiring into the underlying futures contract
- Trading hours
- 9:00 AM to 11:30 PM IST, Monday to Friday (the evening close shifts to 11:55 PM while US daylight saving is in effect)
Lot sizes and expiry cycles are revised by the exchanges from time to time. Confirm against the current MCX contract specification before sizing a position — the days-to-expiry shown above the live data is always taken from the contract actually being streamed.
MCX Silver Mini option chain — common questions
How do I read open interest on the MCX Silver Mini chain?
Open interest is the number of contracts still open at a strike, and its change through the day is the useful part. Rising OI with a rising premium is fresh buying; rising OI with a falling premium is fresh writing. The strike carrying the largest call OI tends to act as resistance and the largest put OI as support. The mini and the full-size contract can drift apart on quotes when the book is thin, particularly late in the evening session, so read the two side by side before assuming you have found a mispricing. Open interest here is small in absolute terms and should be judged against its own history, not against the main contract's.
What does the MCX Silver Mini PCR tell me?
The put-call ratio is total put open interest divided by total call open interest across the strikes on this page. Above roughly 1.0 more puts are open than calls, which is conventionally read as bullish positioning because puts are predominantly written; below 1.0 the reverse. It is a positioning gauge, not a signal, and it is most informative when you watch it move rather than when you read a single value.
What is Max Pain on MCX Silver Mini?
Max Pain is the strike at which the total intrinsic value of all in-the-money options — the amount option writers would have to pay out — is at its minimum. The theory is that price gravitates toward it into expiry because writers are the better-capitalised side. Treat it as one input among several: it is computed from the current open-interest snapshot and it moves as that snapshot changes.
Why trade Silver Mini instead of Silver?
Margin. A 5 kilogram contract against the full-size 30 is a sixth of the exposure on an instrument that moves a lot, which is what makes it holdable through a volatile week. The cost is a thinner book, especially late in the evening session.
Is this MCX Silver Mini option chain live?
Yes. Bullmatics holds one streaming connection to the exchange feed and fans every tick out to all visitors over a single websocket, so the option chain on this page updates in real time during market hours (9:00 AM to 11:30 PM IST, Monday to Friday (the evening close shifts to 11:55 PM while US daylight saving is in effect)). Outside those hours it shows the last completed session rather than going blank.
What is the MCX Silver Mini option lot size?
MCX Silver Mini options trade in lots of 5, quoted in rupees per kilogram, and one lot represents 5 kilograms of the underlying. So a premium of 100 is worth 500 rupees per lot. Exchanges revise lot sizes periodically — check the current MCX contract specification before you size a position.
Do I need an account or a broker login to use this?
No. There is no signup, no broker login and no paywall. The option chain above is the same data every other visitor sees, streamed from one shared market connection. Bullmatics is an analytics and education tool only — you cannot place orders here, and nothing on this page is investment advice.
What are the MCX Silver Mini option trading hours?
MCX Silver Mini options trade 9:00 AM to 11:30 PM IST, Monday to Friday (the evening close shifts to 11:55 PM while US daylight saving is in effect), and the exchange is closed on its published trading holidays. The evening session is when MCX contracts do most of their moving, because that is when US markets are open and the news that drives commodities lands.
Related tools
Every option chain on Bullmatics
One live option chain per instrument — free, real time, no login.
Bullmatics is an independent analytics and education tool. It is not a SEBI-registered investment adviser or research analyst, and nothing on this page is investment advice or a recommendation to trade. Market data is provided on a best-effort basis and may be delayed or incomplete.