Hi, I have some options of Idea in my marketwatch, but I don’t seem to be able to place orders to buy or sell the same. It seems like they are not being traded at all. I place a limit order on LTP, it gets rejected saying that the price is above/below circuit limit. Market Depth doesn’t show any bids or offers on the same as well. When I try to fetch the trade chart it says Error while fetching chart data. It is like these are ghost options not allowed to be traded.
I am sure I am doing something wrong. Has anyone experienced the same? Why is this happening?
Liquidity on stock options is very less. Even lesser if you are trading second month contracts at the start of first month. In this case, you are trying to trade November, when october has just started. So yeah, you are right, no traded volumes on this, and hence you see no liquidity on market depth or open charts for the same.
Although I will be researching about the Option Chain myself as well, but can you please provide me a brief idea about the same as a preliminary guidance?
I now seem to be able to get a rough picture on why some options are not traded…
