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Options

Options

Options

Indian Rupee Options

Indian Rupee – Options contracts is an logical extension of the of the Indian Rupee Futures. The options contracts allow market participants to hedge their Indian Rupee exposures using various option strategies as well as a combination of futures and options.

 

Contract

Parameters

Trading Symbol

DINRO

Style 

European

Contract Size 

One DGCX INR Futures contract

Price Quotation

US Dollars in Cents per 100 Indian Rupees

Tick Size 

0.01 US Cents

Maximum Daily Price Fluctuation

No Daily Limit

Delivery Months

The nearest two (2) Contract Months are available at all times

Last Trading Day

Last Trading Day for INR options shall be two (2) Business Days prior to the Last Day of Trading of the month. (Same as the INR Futures)

New Contract Listing

Five Business Days prior to the Last Trading Day

Exercise of Options

On the last trading day, all in-the-money options are exercised automatically against Daily Settlement Price.

Strike Prices

For each INR Option series, there shall be an INR option chain with a strike interval of INR 0.25 converted into US cents equivalent in 2 decimal points.

Position Limit

To be determined by the exchange

Margin Requirement

Buyer pays full premium, while the seller is margined on the SPAN basis

Trading Hours

07:00 - 23:30 Hours Dubai time (GMT+4)

Trading Days

Monday through to Friday