General
How does your system use momentum to pick long option trades in Nifty weekly options?
This is a Nifty long option momentum strategy that buys Calls and Puts based on index momentum, with predefined stop-loss and trailing stop-loss and no fixed target. After each stop-loss, a new strike is selected for re-entry. Up to 5 trades per side are taken, with hedges for each trade, totalling a maximum of 20 positions per day.