The National Stock Exchange (NSE) on March 17, 2026, notified regarding the revision in the scheme of Strikes in Stock Options.
The following has been stated:
• It has introduced a revised framework for strike price intervals in stock options to make the derivatives market more efficient and responsive to price movements. The new scheme ensures a systematic, dynamic determination of strike intervals based on the underlying stock's current price, thereby providing a balanced range of ITM, ATM, and OTM options.
• It also enables periodic revision of strike intervals in line with market volatility and stock price changes.
• The amendment is aimed at improving liquidity, better price discovery, and ease of trading for market participants.
• Overall, the revision enhances the trading ecosystem by aligning strike availability with real-time market conditions.
[Notification no. - NSE/FAOP/73318]