https://v2.webnotes.in/tags/options-on-futures/Recent content in Options on Futures on WebNotesHugoen-INSun, 21 Jun 2026 00:00:00 +0000https://v2.webnotes.in/commodity-options-zerodha/Sun, 21 Jun 2026 00:00:00 +0000https://v2.webnotes.in/commodity-options-zerodha/<p><strong>Commodity options on Zerodha</strong> are MCX options on commodity futures, listed on the Multi Commodity Exchange of India, a SEBI-regulated commodity exchange, covering gold, gold mini, silver, silver mini, crude oil, and natural gas, and they differ from equity index options in one mechanic that surprises traders: an in-the-money option does not cash-settle at expiry but <strong>devolves</strong> into a position in the underlying futures contract at the strike price. Once the <a href="https://v2.webnotes.in/zerodha-commodity-segment/">commodity segment</a> is active on <a href="https://v2.webnotes.in/kite-zerodha/">Zerodha Kite</a> , these options trade alongside the corresponding <a href="https://v2.webnotes.in/mcx/">MCX</a> futures.</p>