Strike Price is Not Within Range or Oi is Below Specified Value

Any idea why this Intraday order failed?

MCX Crude Oil 16 Feb 6750 CALL

failed with the message - “Strike Price is Not Within Range or Oi is Below Specified Value.”

Order Id - 2802112112064

Maybe a better error message would help me rectify the order params.

Hi @sanatgersappa,

Welcome to the Dhan community :smile:

We checked your order, as per our risk policy we don’t allow trade in options contract where OI is less than 10 lots. For MCX Crude Oil 16 Feb 6750 CALL , OI is 2. Refer the screenshot.

And we will surely explore if we can come up with better communication.

Keep writing to us.

1 Like

Thanks for the clarification.