Its not really about brokers allowing or disallowing OTM options. The restrictions are as per SEBI rules as in limits are set at each broker level for a share of total OI on those contracts.
As of today, there is a 15% limit set at broker level for each contract. Zerodha by being the largest broker ( by volumes in F&O space ) is usually breaching those levels quite regularly.
Yes, the workaround is to move to a different broker but then you’ll run into the same issue if volumes grow at that broker.
Subscribe To Our Free Newsletter |