Bank Nifty contracts allowed for trading

#1

I’m new to option trading and today i went to short bank Nnifty 26800 CE but got rejected due to strike was out of the range allowed. So i want to ask what should i do if i want to trade in strike outside the allowed range ,should i go for another broker (if yes which one) and how you guys tackle this issue. Also if i have open position already and they reduce the range so i will get chance to square off or not. Please help.

#2

Hello All,

Could you any explain why my order was rejected? (see the attached screenshot)

Also i have checked Zerodha’s F&O Margin Calculator in which i can see the contract which i am trying to buy is available for trading ( Bank Nifty contracts allowed for trading: 30900 TO 31400 CE & PE)

Kindly advise why i am not able to buy them?

#3

Can check this.

#4

Market moves realtime, that page may not be updated realtime.

Bank Nifty fallen 100 pts in few minutes, maybe range down to 31300

#5

Siva, thanks for your reply however in the F&O Margin calculator page it shows that the BNF contracts are allowed from 30900 to 31400 CE and PE… My question is where i can check which contracts are available for trading for the day?

#6

Thanks Newbie… that makes sense and i believe there is no way we can learn which contracts are available for trading real time?

#7
  1. If 31400 not working, try 31300

  2. Sometimes, when u try same one - 31400 - it executes in the 2nd or 3rd try.

Because NSE has broker-wise limits, so it may change real time and sometime it executes order when we try same option later.

#8

What’s the reason for nse to cap brokers at 15 percent of total open interest?