I am trying to sell next month OTM Call Option as a covered call for my future position. I can see people already have placed orders in the order book. But when I try to place the order, Zerodha shows an error message that this is an illiquid contract and doesn’t allow me to place the order. How were others able to place the orders?
Options contracts are by nature created every month and someone has to initiate the order book. And once the contract becomes current month it would definitely have trading activity. We are missing getting fat premiums / hedging opportunities.
Any other possibilities?
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