Premium less than or equal to a value?

ayush

How do I select the stike that is less than or equal to a value I want?
For eg: If i want sell Call and put of Bank Nifty at 10 am of strike with premium amount of less than or equal to 80. How do I backtest that?

rajat

You can use our premium range feature for that. It will select a strike whose premium lies in that range, for buy position it will take the lowest premium and for sell positions it will take the highest premium in that range.

P.S. If no premium lies in that range, then the leg is not taken.