All,
Today I tried writing 4900 put option NIFTY, 26 Jun 2008 Expiry.
I got the message,
"Can't do the transaction because the contract is illiquid".
The total volume for the day in the contract is 8950 and OI is 365100.
I didnt feel its so illiquid that I cant write a few lots.
However, anyways, where is the list of currently restricted transactions for options is published and how is it decided by the exchange.
Any pointers, insight into this will be highly appreciated.
SJ
Today I tried writing 4900 put option NIFTY, 26 Jun 2008 Expiry.
I got the message,
"Can't do the transaction because the contract is illiquid".
The total volume for the day in the contract is 8950 and OI is 365100.
I didnt feel its so illiquid that I cant write a few lots.
However, anyways, where is the list of currently restricted transactions for options is published and how is it decided by the exchange.
Any pointers, insight into this will be highly appreciated.
SJ