MCX Natural Gas Option Chain, Max Pain & OI
Live MCX Natural Gas option chain, max pain and OI — commodity options analytics few Indian tools offer.
MCX Natural Gas is one of the most volatile commodities on the exchange, with prices that can lurch on weather forecasts and weekly storage data during the extended session (9:00 AM to 11:30 PM). Its tight 5-point strike gap reflects the contract's lower price level and large lot size.
This page covers the MCX Natural Gas option chain, max pain and open interest, all streamed live on Quintal Mind.
Free Natural Gas Straddle Chart
Track ATM call-plus-put premium and spot through the session. No login required.
Open the Natural Gas straddle chart →Reading the Natural Gas Option Chain
The Natural Gas 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. Natural Gas options trade with a strike gap of 5 and a lot size of 1250.
Quintal Mind streams the Natural Gas 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.
Natural Gas Max Pain & Open Interest
Max pain is the candidate settlement price that minimises the combined intrinsic payout of outstanding Natural Gas 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.
Natural Gas PCR & Sentiment
The Natural Gas 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 Natural Gas lot size and strike gap?
MCX Natural Gas options have a lot size of 1250 and a strike gap of 5.
What are MCX trading hours for Natural Gas options?
MCX commodity sessions run from 9:00 AM to 11:30 PM, much longer than the NSE equity session.
Other Option Chains
Related Tools
See the Live Natural Gas Chain
The full real-time Natural Gas option chain — every strike with LTP, OI, change in OI, IV and bid–ask — is available after a free sign-up.
Open Natural Gas Live →