BNF option 200 points away contract getting Rejected while BUY

kbkvadivel
Hi Team,

Please let me know why im getting below error while trying to BUY BNF option 200 points away during expiry day? below are the error message i got when i try to place buy order,

Error message:
RMS:Rule: Option Strike price based on Ltp percentage for entity account-RV1447 across exchange across segment across product

Order ID: 180705001695233

Kindly provide me detailed info.
  • rakeshr
    @kbkvadivel
    Above order is rejected, because there is a restriction on Banknifty options strikes range due to a violation of broker level open interest of 15% from exchange.We can't do much on this.For details, you can visit this link.
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