Define optimal Call and Optimal Put and show in chart.
Adapt a hull moving average strategy to do the following and apply it to the chart also.
Buy = Buy optimal call to enter a bullish position
Sell = Sell optimal call to exit a bullish position
Short = Buy put to enter a bearish position
Cover = Sell put to exit a bearish position
The above is a day trading strategy and should be capable of a back-test and a forward test using one-minute bars, without any overnight holds.