India’s retail traders pivot from equity options to crude oil bets as MCX energy trade jumps
Energy options accounted for 65% of MCX options premium turnover through Jan. 23, surpassing bullion, Mint reported. Options now generate more revenue for MCX than futures, with energy contracts seeing 2.89 trillion rupees in turnover versus 1.84 trillion for bullion since November. Volatility in natural gas and gold has surged sharply. Brokers report a surge in retail traders, especially in crude oil and natural gas options.