Nifty Midcap Select (MIDCPNIFTY) lot size and expiry day

Lot size, expiry and freeze quantity are read from the exchange's contract list, refreshed every six hours; last read 25 Oct 2026. The strike step is DeltaK's own engine configuration.

The Nifty Midcap Select (MIDCPNIFTY) lot size last changed from 140 to 120, for contracts expiring from 27 Jan 2026 (NSE circular NSE/FAOP/70616 of 3 Oct 2025).

Next Nifty Midcap Select (MIDCPNIFTY) expiries

About Nifty Midcap Select (MIDCPNIFTY)

NSE's midcap-focused index contract, tracking a selection of liquid midcap companies rather than the broad-market or large-cap names NIFTY covers. Generally carries higher realized volatility than NIFTY given the midcap universe underneath it.

• Midcap names as a group tend to move harder than large-caps on both the way up and the way down, which shows up in MIDCPNIFTY as richer premium at a given distance from spot than the equivalent NIFTY strike. It is more expensive to buy options on and better compensated to sell them on, in either direction.
• Liquidity is a practical constraint here relative to NIFTY or BANKNIFTY. Thinner open interest away from the money means wider spreads and shallower depth, worth checking directly on the live chain before assuming a strategy built for NIFTY's liquidity will execute the same way here.
• Its 25-point strike grid is the finest of the six, half NIFTY's step and a quarter of BANKNIFTY's, so a wall sitting N strikes from spot is a much smaller move away here than the same strike count implies on any other index in the book. DeltaK's per-index wall-challenge margin and RRG node span are widened for this rather than copied from the other NSE indices.

Questions

What is the Nifty Midcap Select (MIDCPNIFTY) lot size?

One Nifty Midcap Select (MIDCPNIFTY) options or futures lot is 120 units, as of 25 Oct 2026.

When does Nifty Midcap Select (MIDCPNIFTY) expire?

Nifty Midcap Select (MIDCPNIFTY) has no weekly options listed: its contracts expire monthly, on the last Tuesday of the month. The next expiry is 27 Oct 2026. When the exchange is shut on the usual day, that expiry moves to the trading day before it.

When did the Nifty Midcap Select (MIDCPNIFTY) lot size last change?

The Nifty Midcap Select (MIDCPNIFTY) lot size last changed from 140 to 120, for contracts expiring from 27 Jan 2026 (NSE circular NSE/FAOP/70616 of 3 Oct 2025).

What is the Nifty Midcap Select (MIDCPNIFTY) freeze quantity?

5,760 units (48 lots). The exchange rejects a single order larger than this, so a bigger position is placed as several orders.

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