The NSE Clearing Limited (NSE) on April 15, 2026, issued a circular regarding the review of Volatility Scan Range (VSR) for Option Contracts in the Commodity Derivatives Segment.
The following has been stated: -
•As per SEBI guidelines, the updated Volatility Scan Range (VSR) for May 2026 is announced for commodity derivatives.
•VSR is set at 5% for Copper, Gold, and Zinc; 6% for Silver and Natural Gas.
•Crude Oil has the highest VSR at 33% due to higher price volatility.
•Members are advised to take note and apply these VSR limits accordingly.
[Circular Ref. No: 0136 /2026]