Auto selected strike for dynamic contract for nifty options

Streak - backtesting
1

Hello @streak @Vasu_patel

I am using next month’s contract. Back-testing shows good result. I have deployed strategy but I am facing losses due to ill-liquid or wide bid ask spread strike in actionable alerts .

How to get strike price in multiples of 100 only and avoid multiple of 50? Any entry condition could be made?

For example SPOT is 23500 so I need a PE strike of either 23800 or 23900 or 24000 and avoid 23850 or 23950 or 24050 as those are ill-liquid or wide bid ask spread strike.

Thanks in advance.

2

Hi @tirthraj

Kindly note that DYC is a fully automated feature that selects strike prices based on the input respectively. As per your requirements, manual intervention or workarounds are not supported in this regard.

Hope this clarifies the doubt.

3

Thank you