Lot Size & Contract Value
You cannot buy just 1 unit of Nifty or BankNifty options. You must buy in bundles called "Lots".
Current Lot Sizes (Indices)
Nifty 50
75
Qty per Lot
BankNifty
15
Qty per Lot
FinNifty
40
Qty per Lot
* Note: Lot sizes are subject to change by NSE. Always check your broker.
Calculating Investment
If you see a Nifty Call Option trading at ₹100:
- Nifty 50: 65 Qty (1 Lot).
- BankNifty: 30 Qty (1 Lot).
- FinNifty: 60 Qty (1 Lot).
- Example: 100 x 75 = ₹7,500 needed.
Regulatory Update (Jan 2026): NSE has revised lot sizes multiple times recently. Below are the current effective values, but these are subject to projected reductions in 2026.
Contract Value (Notional Value)
This is the total value of the assets you are controlling.
If Nifty is at 22,000 and Lot Size is 75:
Contract Value = 22,000 x 75 = ₹16,50,000
Leverage: You control ₹16.5 Lakhs worth of assets by paying just ₹7,500 premium. This is why options can double your money or wipe it out instantly.
*Disclaimer: NSE/BSE frequently revise Lot Sizes and Expiry Days (e.g., SEBI Circulars 2024/2025). Always check the latest circular on nseindia.com before trading.
Standard Disclosure: Investment in securities market are subject to market risks. Read all the related documents carefully before investing. The content provided here is for educational purposes only and does not constitute financial or investment advice. AlgoStraddle Academy is not a SEBI registered investment advisor. Trading options involves high risk and capital can be lost.