This message means the specific options contract you are trying to trade is not available under Cover Order (CO) or Bracket Order (BO) on the Samco app.
Why does this happen?
Not all option symbols are eligible for CO or BO. Eligibility is determined by the exchange and Samco’s RMS based on liquidity and risk parameters. Some option contracts are simply not permitted under these product types.
What you need to do:
Switch the product type to Intraday (MIS) to trade this option intraday. Intraday (MIS) is available for most option contracts and does not require the stock to be eligible for CO or BO.
Easy & quick
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