Price Limits
Price Limit Ranges
Please refer to the link below for our Price Limit Ranges of Futures and Options products.
Price Limit Ranges of Index Options Products
The price limit ranges for Nikkei 225 options, TOPIX options and JPX-Nikkei 400 options are revised on a quarterly basis (March, June, September and December).
The price limit range from the trade date ending on September 1, 2025 to the end of the day session on November 28, 2025.
| Normal | 1st Expansion | 2nd Expansion | |
|---|---|---|---|
| Nikkei 225 Options (Including mini Opitions) (Reference price) less than 50 yen 50 yen or more to less than 200 yen 200 yen or more to less than 500 yen 500 yen or more |
1,670yen 2,510yen 3,340yen 4,600yen |
2,920yen 3,760yen 4,590yen 5,850yen |
4,170yen 5,010yen 5,840yen 7,100yen |
| TOPIX Options (Reference price) less than 5 points 5 points or more to less than 20 points 20 points or more to less than 50 points 50 points or more |
120.0 points 180.5 points 240.5 points 331.0 points |
210.0 points 270.5 points 330.5 points 421.0 points |
300.0 points 360.5 points 420.5 points 511.0 points |
| JPX-Nikkei 400 Options (Reference price) less than 50 points 50 points or more to less than 200 points 200 points or more to less than 500 points 500 points or more |
1,080 points 1,625 points 2,165 points 2,980 points |
1,890 points 2,435 points 2,975 points 3,790 points |
2,700 points 3,245 points 3,785 points 4,600 points |
The price limit range from the trade date ending on December 1, 2025 to the end of the day session on February 27, 2026.
| Normal | 1st Expansion | 2nd Expansion | |
|---|---|---|---|
| Nikkei 225 Options (Including mini Opitions) (Reference price) less than 50 yen 50 yen or more to less than 200 yen 200 yen or more to less than 500 yen 500 yen or more |
2,010yen 3,020yen 4,030yen 5,550yen |
3,520yen 4,530yen 5,540yen 7,060yen |
5,030yen 6,040yen 7,050yen 8,570yen |
| TOPIX Options (Reference price) less than 5 points 5 points or more to less than 20 points 20 points or more to less than 50 points 50 points or more |
132.0 points 198.0 points 264.5 points 363.5 points |
231.0 points 297.0 points 363.5 points 462.5 points |
330.0 points 396.0 points 462.5 points 561.5 points |
| JPX-Nikkei 400 Options (Reference price) less than 50 points 50 points or more to less than 200 points 200 points or more to less than 500 points 500 points or more |
1,190 points 1,785 points 2,385 points 3,280 points |
2,080 points 2,675 points 3,275 points 4,170 points |
2,970 points 3,565 points 4,165 points 5,060 points |