The C# spec states that an argument type cannot be both covariant and contravariant at the same time.
This is apparent when creating a covariant or contravariant int
Covariance and contravariance are mutually exclusive. Your question is like asking if set A can be both a superset of set B and a subset of set B. In order for set A to be both a subset and superset of set B, set A must be equal to set B, so then you would just ask if set A is equal to set B.
In other words, asking for covariance and contravariance on the same argument is like asking for no variance at all (invariance), which is the default. Thus, there's no need for a keyword to specify it.