Today, the option chain API returned 45800 with LTP 1.15 which then API tried to place order, got order rejection with error “Contract cannot be traded in”. When checked NSE Bank Nifty option chain the strike 45800 is not displayed in the option chain.
Hi PraveenRajegowda,
We are looking into the issue please forward the order details.
It was a rejected order thus I do not have it now.
Hi PraveenRajegowda,
For stock options, certain strike prices are restricted from trading by the exchange due to their illiquidity and high volatility. This means that for the particular stock option, the specific strike price you selected cannot be traded.
This restriction resulted in the rejection of your order.