General Queries

Does ICICI Direct offer Futures & Options (F&O) contracts with up to 1-year expiry?

Yes, ICICI Direct offers select long-dated F&O contracts with expiries extending up to 1 year.

These are known as long-dated options, and they are typically available on indices, such as Nifty and Bank Nifty. While most F&O contracts have monthly expiry (near, next, and far months), long-term contracts beyond 3 months

Key Points:

1. Availability: Long-dated contracts are not available for all stocks; they are usually limited to popular index derivatives.

2. Usage: These contracts are useful for long-term hedging or directional strategies in the F&O market.

3. Platform Access: You can check the available expiry dates while placing an F&O order on the ICICI Direct platform (under the ‘Place Order’ section for derivatives).

The long-dated contracts get enable on 25 open interest and 20 Volume for next trading day if the criteria fullfills and also you can the same on NSE option chain.

Tip: Always check the contract expiry calendar or the F&O chain for the specific stock/index to know the available expiry months.