MCX Silver Option Chain
A real-time MCX Silver 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
Silver is a hybrid, part precious metal and part industrial input for solar, electronics and brazing. That dual identity is why it routinely travels further than gold in both directions: it takes the safe-haven bid and the industrial-demand bid, and it can shed both at once.
How to read the MCX Silver 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.
Expect a wider implied-volatility surface than gold's for the same tenor. The chain is pricing silver's larger realised range honestly rather than overcharging. With a 30 kilogram contract, one rupee of premium is thirty rupees of position value, so the straddle premium here behaves like a far bigger number than the metal's own price move suggests.
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 contract specifications
- Exchange
- MCX
- Underlying
- MCX Silver futures
- Lot size
- 30
- Contract size
- 30 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 option chain — common questions
How do I read open interest on the MCX Silver 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. Expect a wider implied-volatility surface than gold's for the same tenor. The chain is pricing silver's larger realised range honestly rather than overcharging. With a 30 kilogram contract, one rupee of premium is thirty rupees of position value, so the straddle premium here behaves like a far bigger number than the metal's own price move suggests.
What does the MCX Silver 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?
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 is silver more volatile than gold?
Silver is both a precious metal and an industrial one — solar, electronics, brazing. It takes the safe-haven bid and the industrial-demand bid, and it can lose both at the same time. The option chain prices that honestly: implied volatility here sits above gold's for the same tenor.
Is this MCX Silver 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 option lot size?
MCX Silver options trade in lots of 30, quoted in rupees per kilogram, and one lot represents 30 kilograms of the underlying. So a premium of 100 is worth 3,000 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 option trading hours?
MCX Silver 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.
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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.