Not able to do any reasonable trading in any asset class - options selling we cannot hedge with far OTM (buy is restricted) - this is another issue - illiquid counter - see we know the risk - also this is Mar expiry - the strategy itself requires far out futures for pair trading
It is an illiquid contract, Vijay. Hence the trading is restricted. Please take a look at the difference between Bid and Offer prices, plus the volumes traded.
If you have a short option position, you can buy options at any strike price to the extent of the quantity shorted.
Shubham - This always happens for EURINR pair - I know USDINR is more liquid but 3 months away EURINR pair future contracts are always Illiquid and it is known - but we need this for the strategy itself - spread we will take care by pitching for a price with limit orders - but Kite not allowing any orders is not acceptable - You can take a vote with the traders - what they feel - let people take the risk (as we have margin then only we are allowed to trade). Pls do something abt this.