I checked out the Sensex options on Zerodha today and noted that the trading is very active, volumes are robust and the closing open interest is above 2000 contracts!
Looks like market is liking the product since it has a unique underlying and price point as compared to Nifty and Bank Nifty.
See the screen shot of 63000 CE expiring on 23rd June below:
This product is definitely going to make money for BSE in the medium term.
AJ
Disclosure: Remain invested.
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