Order got rejected of Stock option through Algo trading, Kindly activate MIS ( Margin Intraday Square off )
@heerak_kanungo, please provide your client ID, the order number for which you encountered the error or a screenshot of the reason for the rejection.
User id - 7KA4LN, Pls check MTF authorisation still pending, thatās why Stock option order through MIS, got rejected, & not allowed, Old order not getting,
Still Stock option order got rejectedā¦? Error is - Market price oder not allowed, pls resolve soon. Sharing attachment
Hi @heerak_kanungo,
It seems youāre looking to place an SL-M
order for BAJAJ-AUTO 8800 CE NFO 30JAN25
, based on the instrument key provided in the screenshot above.
Currently, the exchange does not support placing SL-M orders for stock options due to insufficient liquidity. For more information, you can refer to this article: Update on Stop Loss orders for Options Contracts - Upstox.