MIS ( Margin Intraday Square off ) not allowed, when i raising Stock option order through Algo trading

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, thatā€™s 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

(attachments)

Hi @heerak_kanungo,

It seems youā€™re 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.

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