Adjustment of Lot Size for Options

Hello All,

After lot of search, I found a document which says NSE revises lot size for option trade every 6 months. The document does not give any explanation on criteria.

Can anyone explain the criteria followed by NSE? I am asking particularly because I saw the lot size for SUNPHARMA has been revised from 700 to 800 which is understood. However, there is no change in case of NMDC.

Based on average price of last 6 months, the lot size for NMDC should not be more than 5000!

Thank you for your attention!


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