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Compare MCX Main vs Mini Prices

To compare an MCX main contract with its mini contract, open Options Arbitrage: it shows, strike by strike, the live price gap between Gold and GoldM, Silver and SilverM, Crude and CrudeM, and Natural Gas and NatGasMini options. For futures, the Calendar Spreads section of the MCX Future Calendar shows main vs mini futures spreads such as Gold vs Gold Mini.

ToolsMCX options arbitrage, MCX futures calendar, Payoff terminal (main and mini toggle)
InstrumentsOptions: GOLD vs GOLDM, SILVER vs SILVERM, CRUDEOIL vs CRUDEOILM, NATURALGAS vs NATGASMINI. Futures: Gold, Silver, Crude Oil and Natural Gas main vs mini, plus other gold and silver contract pairs
When it updatesStreams live during MCX market hours
Open itquintalmind.com/sheets → Commodities → Options Arbitrage or Future Calendar

Steps​

  1. Sign in with your broker and open Sheets, then switch the left panel to Commodities.
  2. Click Options Arbitrage below the commodity list.
  3. Read the Gold vs Goldm and Silver vs Silverm CE and PE tables, then the Big Little section for Crude and Natural Gas.
  4. Use the ↑ and ↓ buttons in the section header to move the strike window.
  5. On the Gold and Silver tables, use the offset control (− / +) to pair the main option at a strike with the mini option at a different strike, up to 5 steps either way.
  6. Click a cell to see both legs, the live value, Charges (RT), the margin with the main-to-mini lot ratio it uses, Create Alert and Show Chart.
  7. For futures, click Future Calendar below the commodity list and read the Calendar Spreads cards.

What to look at​

  • Options Buy and Sell. Buy = main option bid − mini option ask at the same strike (sell the main option, buy the mini). Sell = mini option bid − main option ask. A positive value means the two legs together bring in a credit.
  • Highlights. In each column the three highest positive values are highlighted. The view shows the gap only; charges and margin still apply.
  • Exp column. Estimated round-trip charges for the row, in points, from the charges rate in your profile or a default rate.
  • Expiry pairing. Main and mini option expiries do not always fall on the same day. The view pairs the two expiries from the same contract cycle.
  • Futures spreads. Buy = main bid − mini ask and Sell = mini bid − main ask. Where the contracts use different units, the smaller contract's price is scaled to the same basis first. The last column is the spread as a percentage of the main price, not annualised.
  • Big Little windows. Call tables show ATM − 5 to ATM + 10 strikes and put tables ATM − 10 to ATM + 5.

Quintal Mind does not place orders. If you signed in with Zerodha, Alice Blue or FYERS, the popup shows Buy and Sell buttons that open the legs as a basket on your broker's own page.

FAQ​

Where can I compare Gold and GoldM option prices live?​

On the Quintal Mind Sheets page. Switch to Commodities and click Options Arbitrage. The Gold vs Goldm tables show, for every strike, the live price difference between the GOLD option and the GOLDM option, for calls and puts.

Where can I see the Gold vs Gold Mini futures spread?​

In the Calendar Spreads section of the MCX Future Calendar view. It has Gold vs Gold Mini, Silver vs Silver Mini, Crude Oil vs Crude Oil Mini and Natural Gas vs Natural Gas Mini cards with live Buy and Sell values.

Why can a main and a mini MCX option be compared at the same strike?​

Both contracts are quoted on the same price basis, so their premiums at the same strike can be compared directly. They trade in separate order books, so the prices are not always equal.

Quintal Mind shows market data and analytics for information only. Nothing here is investment advice, and Quintal Mind does not place orders.

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