According to NSE's Ashish Chauhan, India's average options trade value is $100, which is extremely low when compared to developed nations.

Chauhan stated at the Moneycontrol Global Wealth Summit 2025 in Mumbai that "India's per trade value in options is close to $100, which is very, very low compared to developed countries, which have very, very large per trade value." Our top ranking is therefore unjustified. It's like comparing watermelon to grapes.

Chauhan further emphasized the need to move the emphasis from trading volume to the long-term viability and underlying value of the Indian futures and options market, and he called for a single expiration date for derivative contracts across exchanges.

Chauhan further emphasized how the introduction of daily expiries by several exchanges has caused the options market to become more fragmented. Exchanges are trying to set their own expiration dates, despite the Securities and Exchange Board of India's (SEBI) initiative to restrict the number of expirations in a week in order to safeguard regular investors. Chauhan argued that in order to preserve market order, all exchanges should have a single expiration date.

"At the moment, two or three more exchanges are attempting to schedule their daily expirations on other days, which negates the goal of SEBI's rules to safeguard small investors by limiting the number of expirations in a week. Other days may need to be added to the week in order to accommodate the numerous new exchanges that may arise and want more days in a week for their own daily expiries. Instead of each exchange having a distinct day for their own contract expiry in a week, there should be a single expiration date for all exchanges in a week, he stated.