Mumbai, May 26 -- Securities and Exchange Board of India has proposed a new framework for managing strike prices in options contracts across equity, currency and commodity derivatives segments.

In a consultation paper issued on 25 May 2026, SEBI said the move aims to improve availability and predictability of options contracts during periods of sharp intraday volatility.

The regulator said sudden market swings can push prices beyond the farthest available strike prices, making relevant options contracts unavailable for traders.

Under the proposal, stock exchanges will have to create a framework for introducing, reviewing and removing strike prices. Exchanges will also conduct daily reviews to ensure adequate availability of in-the-mone...