Your OCO (One Cancels the Other) or SL (Stop Loss) + Target order may expire due to the following reasons:
1. Contract Expiration:
- The order is valid only until the underlying contract expires.
- Example: If your OCO order is on a contract expiring on 25th May 2024, it will be marked as 'Expired' after this date as the contract becomes inactive.
2. Market Price Not Reached:
- If neither the stop-loss nor the target price is triggered during the trading day, the order may expire based on its type:
- Day Order: Expires at the end of the trading day if not executed.
- Good-Till-Trigger (GTT): Remains active until manually canceled or the contract expires.