Option trading on expiry

You’re getting this message because you are placing order far away from the theoretical price. You can learn more about this here:

You can place GTT order, if you want to place orders outside the theoretical range.

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Sir, 10% from the cmp is far-away ?
If so, how you was able to place order (as you said) ?

@ShubhS9 When I placed orders for 6300CE & 6100PE with difference of 10%, both were accepted. What is the logic of far away price ? How to calculate ?

I thought you were getting some other error. Hence asked for more details :slightly_smiling_face:

The theoretical price range is calculated using the price of the underlying and the available option pricing information.