Commodity options gain as volatility, lower taxes draw retail traders

Mumbai: Retail traders are opting for commodity options over equity index options, drawn by sharper swings in energy and bullion prices and lower tax incidence. Average daily premium turnover (ADPT) of metals and energy options on the Multi Commodity Exchange of India (MCX) rose 15% in the September quarter from the June quarter.

Mumbai: Retail traders are opting for commodity options over equity index options, drawn by sharper swings in energy and bullion prices and lower tax incidence. Average daily premium turnover (ADPT) of metals and energy options on the Multi Commodity Exchange of India (MCX) rose 15% in the September quarter from the June quarter. Over the same period, ADPT in index options on the NSE and BSE fell 27% , according to exchange data.

Summarised by Agaah from Mint Markets. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.