# BankNifty options CO and BO Rejection

**URL:** https://tradingqna.com/t/banknifty-options-co-and-bo-rejection/19017
**Category:** General
**Created:** [August 22, 2017, 7:17am UTC](https://tradingqna.com/t/banknifty-options-co-and-bo-rejection/19017 "2017-08-22T07:17:55Z")
**Posts on this page:** 1
**Showing post:** 2

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### Author: ![BharatW](https://tradingqna.com/user_avatar/tradingqna.com/bharatw/32/3886_2.png) [@BharatW](https://tradingqna.com/u/BharatW)
#### Post date: [August 22, 2017, 7:42am UTC](https://tradingqna.com/t/banknifty-options-co-and-bo-rejection/19017/2 "2017-08-22T07:42:25Z")

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BO/CO is blocked only for Banknifty options. It is not blocked for Nifty options, it’s very much available. Read more as to why BO/CO is blocked for Banknifty options in the link below:

> **[Banknifty Bracket and Cover order blocked](https://tradingqna.com/t/banknifty-bracket-and-cover-order-blocked/14152/2?u=bharatw)**
>
> Hello, The position limit of a Trading Member(Zerodha in this case) in equity index option contracts(Banknifty option contracts in this case) is higher of Rs.500 crores or 15% of the total Open Interest(OI) in the market in Banknifty option...

Yes, you can continue placing BO/CO orders for Equity, Equity Futures as well as Index Futures/options.

Note: CO is blocked for Equity options as it’s a market order and market orders are blocked for equity options. Reason for blocking is explained below:

> **[Why Stock Option buying with market orders not allowed at Zerodha](https://tradingqna.com/t/why-stock-option-buying-with-market-orders-not-allowed-at-zerodha/6779/2?u=bharatw)**
>
> Let me explain with an example why we don't allow market orders on stock options Assume stock X is trading at Rs 100. I decide to buy 110 calls of this month (lot size 5000). You add 110 calls that you see LTP of Rs 0.5 on your watchlist. I am...

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_[View the full topic](https://tradingqna.com/t/banknifty-options-co-and-bo-rejection/19017)._