SEBI’s secondary market advisory committee may discuss ways to curb options market volatility

The Securities and Exchange Board of India’s (SEBI) Secondary Market Advisory Committee (SMAC) is expected to discuss measures to curb volatility in the options market at its meeting on Tuesday (August 19), according to sources.

The agenda may include deliberations on a proposal to introduce intraday derivative position limits, in line with SEBI’s consultation paper released in February 2025. The paper had suggested both intraday and end-of-day limits for index options positions.

As per the proposal, end-of-day limits were set at ₹500 crore and ₹1,500 crore, while intraday limits were suggested at ₹1,000 crore and ₹2,500 crore.

ALSO READ | Nifty ends higher lifted by gains in Reliance, auto stocks, midcaps

Apart from position limits, SMAC may also review additional steps aimed at reducing speculation and enhancing stability in the options segment, sources added.

ALSO READ | Ventura sees gold prices testing $3,600 an ounce by year-end amid global uncertainty