MCX commodity options board
End-of-day data as of 2026-10-09
MCX history is only just starting, so there is no IV rank and no track record yet. We will not claim one.
| Series | Expiry | Tomorrow | Till expiry |
|---|---|---|---|
| Crude Oil | 2026-10-15 (6d) | 8,620 - 9,169 | 8,345 - 9,444 |
| Crude Oil Mini | 2026-10-15 (6d) | 8,615 - 9,176 | 8,334 - 9,457 |
| Natural Gas ⚠ Forward price differs from the futures quote by more than 2%: treat IV with caution. | 2026-10-23 (14d) | 302.3 - 324.8 | 277.9 - 349.1 |
| Natural Gas Mini ⚠ Forward price differs from the futures quote by more than 2%: treat IV with caution. | 2026-10-23 (14d) | 302.2 - 324.7 | 278.0 - 348.9 |
| Gold | 2026-10-30 (21d) | 1,49,837 - 1,53,170 | 1,45,080 - 1,57,927 |
| Gold Mini | 2026-10-29 (20d) | 1,48,682 - 1,51,776 | 1,44,415 - 1,56,043 |
| Silver ⚠ Forward price differs from the futures quote by more than 2%: treat IV with caution. | 2026-10-27 (18d) | 2,21,963 - 2,29,779 | 2,12,296 - 2,39,446 |
| Silver Mini ⚠ Forward price differs from the futures quote by more than 2%: treat IV with caution. | 2026-10-27 (18d) | 2,24,248 - 2,31,633 | 2,15,153 - 2,40,728 |
| Copper | 2026-10-23 (14d) | 1,411 - 1,443 | 1,377 - 1,477 |
| Zinc ⚠ Thin options market: few traded strikes. | 2026-10-23 (14d) | 430.0 - 443.2 | 415.8 - 457.4 |
What we did NOT find: any reliable way to predict direction. These are descriptive numbers, not calls.
All the numbers (for experienced traders)
| Series | Expiry | Days left | Spot / Fut | ATM IV | IV rank | Expected move | PCR | Max pain |
|---|---|---|---|---|---|---|---|---|
| Crude Oil | 2026-10-15 | 6d | 8,895 | 49.1% | - | ±6.18% | 1.31 | 8,850 |
| Crude Oil Mini | 2026-10-15 | 6d | 8,895 | 50.1% | - | ±6.31% | 1.47 | 8,850 |
| Natural Gas ⚠ Forward price differs from the futures quote by more than 2%: treat IV with caution. | 2026-10-23 | 14d | 313.53 | 57.0% | - | ±11.35% | 1.21 | 310 |
| Natural Gas Mini ⚠ Forward price differs from the futures quote by more than 2%: treat IV with caution. | 2026-10-23 | 14d | 313.43 | 56.8% | - | ±11.31% | 2.11 | 310 |
| Gold | 2026-10-30 | 21d | 1,51,503 | 17.4% | - | ±4.24% | 1 | 1,50,000 |
| Gold Mini | 2026-10-29 | 20d | 1,50,229 | 16.4% | - | ±3.87% | 0.82 | 1,50,000 |
| Silver ⚠ Forward price differs from the futures quote by more than 2%: treat IV with caution. | 2026-10-27 | 18d | 2,25,871 | 27.5% | - | ±6.01% | 0.85 | 2,30,000 |
| Silver Mini ⚠ Forward price differs from the futures quote by more than 2%: treat IV with caution. | 2026-10-27 | 18d | 2,27,941 | 25.7% | - | ±5.61% | 0.96 | 2,30,000 |
| Copper | 2026-10-23 | 14d | 1,427 | 17.5% | - | ±3.48% | 0.96 | 1,420 |
| Zinc ⚠ Thin options market: few traded strikes. | 2026-10-23 | 14d | 436.57 | 23.9% | - | ±4.76% | 0.83 | 420 |
IV rank appears after 15+ days of history (now 5 day).
Expected move is what options price in, taken from the ATM straddle. Actual is how far the index really moved by expiry, measured from 5-7 days before. On average the actual move was smaller than expected in every series (about 65% to 87% of it), but individual expiries often went beyond it.
IV rank here means the share of past comparable days (same series, same point in the expiry cycle) with lower ATM IV.