MCX Crude Oil Option Chain, Max Pain & OI
Live MCX Crude Oil option chain, max pain and OI — commodity options analytics few Indian tools offer.
MCX Crude Oil options are among the most event-driven contracts on the exchange, reacting to global supply news, OPEC decisions and the weekly inventory reports during the extended session (9:00 AM to 11:30 PM). The 50-point strike gap keeps strikes finely spaced around spot.
This page covers the MCX Crude Oil option chain, max pain and open interest, all streamed live on Quintal Mind.
Free Crude Oil Straddle Chart
Track ATM call-plus-put premium and spot through the session. No login required.
Open the Crude Oil straddle chart →Reading the Crude Oil Option Chain
The Crude Oil option chain lists every available call and put strike for the current expiry on MCX, with last price, volume, open interest, change in OI, implied volatility and bid–ask for each. Crude Oil options trade with a strike gap of 50 and a lot size of 100.
Quintal Mind streams the Crude Oil chain live over a compressed WebSocket, so LTP, OI and IV update in real time during market hours instead of the 3-minute delay on the exchange site. The ATM strike is highlighted and the chain is centred on spot so the relevant strikes are always in view.
Crude Oil Max Pain & Open Interest
Max pain is the candidate settlement price that minimises the combined intrinsic payout of outstanding Crude Oil calls and puts for one expiry, weighted by open interest. It can change as OI changes and does not predict where the underlying will settle. Call and put OI concentrations show positioning, not guaranteed resistance or support.
Watching OI change (not just absolute OI) tells you whether positions at a strike are being built or unwound — the difference between fresh conviction and a fading move.
Crude Oil PCR & Sentiment
The Crude Oil Put-Call Ratio (PCR), computed from total put OI ÷ total call OI, is a quick sentiment gauge: a high PCR leans bullish (heavy put writing), a low PCR leans bearish (heavy call writing). Quintal Mind shows live PCR alongside the chain so you have context before every trade.
Frequently Asked Questions
What is the MCX Crude Oil lot size and strike gap?
MCX Crude Oil options have a lot size of 100 and a strike gap of 50.
What are MCX trading hours for Crude Oil options?
MCX commodity sessions run from 9:00 AM to 11:30 PM, much longer than the NSE equity session — useful for trading around overnight global crude moves.
Other Option Chains
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See the Live Crude Oil Chain
The full real-time Crude Oil option chain — every strike with LTP, OI, change in OI, IV and bid–ask — is available after a free sign-up.
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