United Spirits lot size and F&O contract details
Contract facts for United Spirits Limited futures and options on NSE: lot size, expiry dates and settlement.
Lot size by expiry month
| Contract month | Lot size |
|---|---|
| Nov 2026 | 400 |
| Dec 2026 | 400 |
| Jan 2027 | 400 |
As of 2026-11-02. Source: NSE market lots file (fo_mktlots.csv)
Upcoming expiries
- Mon, 23 Nov, 2026Holiday: moved from Tue, 24 Nov, 2026
- Tue, 29 Dec, 2026
- Tue, 26 Jan, 2027
Monthly contracts, last Tuesday of the month. Full expiry calendar
Value of one lot
Enter a price from your broker to see the size of one UNITDSPR contract in rupees.
- Contract value of 1 lot
- —
- Premium for 1 lot
- —
Contract value = price × lot size (400). Premium for a lot = premium per share × 400.
How UNITDSPR F&O contracts work
- One contract is one lot of 400 shares; premiums are quoted per share.
- Options are European-style: they can only be exercised at expiry.
- Physical settlement: futures and in-the-money options held to expiry end in delivery of shares, and brokers raise margins in the expiry week.
- Charges apply as for index options; STT on exercised options is charged on the settlement value.
Read more: physical settlement of stock options, covered call, protective put.
Frequently asked questions
What is the lot size of United Spirits?
400 shares per lot for the Nov 2026 contracts on NSE.
When do United Spirits options expire?
Stock futures and options on NSE are monthly and expire on the last Tuesday of the month, or the trading day before if that Tuesday is a holiday. The next expiry is Mon, 23 Nov, 2026.
Are United Spirits options cash-settled or physically settled?
Physically settled. Stock futures and in-the-money stock options held to expiry are settled by delivery of shares, so you must be able to pay for or deliver the full lot.
How do I calculate the contract value of United Spirits futures?
Multiply the share price by the lot size of 400. Use the calculator on this page with a price from your broker.