Comment on Deciphering NSE's 'Execution Range' circular.

Shivashish commented on 22 Mar 2019, 02:30 PM

I am trying to buy out of money put for BankNifty for 29000 strike. But i am getting the same message whether i try it for Mar, Apr or May expiry. –

BUY 20 x BANKNIFTY MAR 29000 PE is rejected.
Strike price is outside the allowed range. Try a strike closer to the spot price.

BANKNIFTY19MAY29500PE buy order also received same message.

Please guide me regarding the range of puts that i can buy which is acceptable.

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