Hello @suketu_1980,
I wanted to clarify how the Closest Premium feature works. It selects a strike price whose premium is closest to the one you have defined. For example, if you have set the premium at 30 and there are two available strikes, one at 45 and the other at 20, then it will select the one at 20.
If you are using a momentum or range breakout strategy, the feature will select the strike at the entry time you define in the strategy. However, please note that until the momentum or range breakout condition is met, the premium value may increase/decrease.
Let me know if you have any further questions or concerns.
