MCX · live 09:00 to 23:30 (23:55 in winter)

Copper option chain (MCX COPPER)

Open interest, OI change, IV, PCR, max pain and the gamma levels of MCX copper options, live through MCX's session and recorded every minute.

Open the live copper option chain See pricing

The contract

MCX option contracts: symbol, lot size, the unit the price is quoted in and what a one-rupee move is worth per lot
Contract	Symbol	Lot	Price quoted in	₹1 move, per lot
Copper`COPPER`	`COPPER`	2,500 kg	₹ per kg	₹2500

Lot sizes as the exchange lists them on 27 October 2026; the exchange can revise them.

The copper contract

COPPER is 2,500 kg a lot, quoted in rupees per kilogram, so a ₹1 move is worth ₹2500 a lot. Each monthly option series is written on a copper futures month, which the chain shows as Fut.

A thinner chain

Copper's options trade far less than crude oil's or silver's — about 13,700 lots by 20:30 on 27 October 2026 against crude oil's 638,000 — so open interest gathers on a handful of strikes and a single large order can change the picture. The walls and max pain on a thin chain are worth reading alongside the OI change: a level that holds through the session means more than one that appears in a single print.

Copper follows industrial demand — China above all — and the international price, converted at the rupee rate.

Reading it on OIData

The chain, Trending OI, OI Stats, Futures OI and Dealer Positioning all cover copper, and the Commodities tab of each screener ranks it against the other eight. MCX trades from 09:00 to 23:30, or to 23:55 while US clocks are on winter time (early November to mid-March), and on some equity holidays it opens for the evening session only.

Open copper on OIData

Option Chain

Open interest and its change since the previous close, IV and Greeks, PCR, max pain, support and resistance — and Replay for any recorded day.

Trending OI

Call and put OI building across the strikes interval by interval from 09:00, with direction, PCR and day high/low breaks.

Session Chart

Minute candles of the future with per-strike OI beside the price, PCR, ATM IV, max pain and the day's volume bursts.

Dealer Positioning

Net GEX in ₹ crore, call and put walls, the gamma flip, pin conviction and a hedge ladder in MCX lots, every minute.

Volatility and Expiry Day

The IV term structure, skew and surface; on Expiry Day the straddle decay, expected-move band and max-pain drift.

Screeners

The Trending OI, Buildup and GEX screeners each have a Commodities tab ranking all nine side by side.

More MCX option chains

Guides

Frequently asked questions

2,500 kg, quoted in rupees per kilogram — a ₹1 move is ₹2500 a lot.

Copper's options trade far less than the energy and bullion contracts, so open interest sits on a few strikes. OIData shows every strike that carries open interest or traded, plus the strikes around the money.

Yes, through MCX's whole session: 09:00 to 23:30, or 23:55 while US clocks are on winter time.

OIData is an analytics tool, not a SEBI-registered investment adviser: the data and readings on these pages are for research and do not recommend buying or selling anything. Commodity derivatives carry substantial risk.