Can I use the Dynamic Contracts feature on CTB so that I need to change the strike price every time the market moves?
@trade4lyf The CTB runs backtest on the instrument that is selected on the chart. As the ‘Dynamic Contract’ is not an instrument by itself but a feature in Streak, you cannot use CTB on it. In order to backtest with CTB, you need to manually select a particular contract on the chart. Hence, if the market moves and the moneyness of the strike price changes, you have to manually change the strike price.
Note: This is the reason why multi-legged option strategies cannot be backtested using the CTB currently. Check out this link to know more about this: Backtestesting options strategies using CTB