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

Crude oil option chain (MCX CRUDEOIL)

Live open interest for MCX crude oil options — the full CRUDEOIL contract and the CRUDEOILM mini — with the change since yesterday's close, IV, PCR, max pain and the strikes option writers are defending, minute by minute through the evening.

Open the live crude oil option chain See pricing

The contracts

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
Crude Oil`CRUDEOIL`	`CRUDEOIL`	100 barrels	₹ per barrel	₹100
Crude Oil Mini`CRUDEOILM`	`CRUDEOILM`	10 barrels	₹ per barrel	₹10

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

The two crude oil chains

CRUDEOIL is 100 barrels a lot and CRUDEOILM a tenth of that, 10 barrels; both quote in rupees per barrel, so a strike means the same price on either chain and a ₹1 move is worth ₹100 a CRUDEOIL lot and ₹10 a mini lot. Each is its own chain with its own open interest — OIData reads both.

Every monthly series is written on that month's future, which expires a couple of days after the options: the 17 November 2026 options sit on the November future that expires on 19 November. The chain's middle line shows that future.

What moves the crude oil chain

MCX crude tracks the international crude benchmark, priced in dollars and converted at the rupee rate, so a move in either shows up in the premiums. The scheduled events are the weekly US crude inventory report, released on Wednesday evenings India time, and OPEC+ meetings — both in the Indian evening, which is why MCX's late session often carries crude's biggest moves.

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. OIData's crude oil chain runs for all of it.

Reading it on OIData

Call open interest building above the future and put open interest below mark where writers expect the range to hold, and the OI change since yesterday's close shows which side is adding today. On 27 October 2026, with the November future near ₹9520, the heaviest strike was 9,000 — about 9,270 lots of put open interest — while the call side's gamma wall was at 9,600.

Dealer Positioning turns the same open interest into ₹ crore of hedging pressure per 1% move in the future (a lot is 100 barrels, so the maths uses OI × 100), with the gamma flip and a hedge ladder in lots. Trending OI tracks the call and put build-up from 09:00, and Options Activity flags strikes whose five-minute volume suddenly runs far above their usual pace.

Open crude oil 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

100 barrels for CRUDEOIL and 10 barrels for the CRUDEOILM mini, as the exchange lists them; both are quoted in rupees per barrel.

Yes. OIData refreshes it through MCX's whole session, 09:00 to 23:30 — 23:55 while US clocks are on winter time — and records every minute, so the evening's moves can be replayed later.

MCX crude oil options are options on the crude oil future. Each expiry is written on a specific futures month, so its strikes, PCR and walls are read against that future, which the chain shows as Fut.

Yes. Alert rules — PCR crossings, OI spikes at a strike, max-pain shifts, spot near an OI wall, a gamma flip cross and more — can watch CRUDEOIL or CRUDEOILM, and they run through MCX's session.

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.