Not a perfect solution but the current Leupold VX-2 Compact series scopes have a 1.4" ocular diameter which provides more clearance for the bolt handle.

I have a 2x7 on my 1952 MS w/Jaeger side mount & medium height rings. It's the best I could do w/o going to high rings which I don't want even if I could locate some.

Another solution is a Leuopld Alaskan 7/8" tube scope which can be mounted lower & are not too difficult to find.