Option contracts with zero/lower open interest are blocked by RMS to avoid freak trades.
Clients are advised to choose strike price with decent volume and open interest.
What happens to my open MIS positions in Commodity Options and Futures after 11:15 PM?
Does Kotak Securities allow long option positions to devolve into futures on expiry day if they expire In-the-Money?
Will I be allowed to trade in Commodity Options on expiry day?
What happens to short positions in Expiring future contracts during the tender period?