how to find strike 7% of atm (spot price). I did this (below image), but I am wrong.
E.g.: CE ATM = 450, and 7% of 450 is 31.5, so I want to find a strike whose LTP is below 31.5.
I got the answer; my mistake was that I hadn’t provided the LTP( instrument name detail). To make it cleaner, like what I did below:
Runtime Variable : “ce_price_atm” - ( LTP ( Instrument Name ( ‘NFO,NIFTY BANK,Current Week,CE,ATM-SPOT,’ ) , ‘LTP’ ) )
and to find strike based on 10% of ATM
Find Strike (NIFTY BANK, Select Expiry ( week, 0 ) , ltp, Math Operation ( Get Runtime Number ( ce_price_atm ) , Number ( 0.1 ) , * ) , CE, lesser)
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