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09:18 ATM short straddle with MTM lock

Option selling · NIFTY weekly · tested 2019-02 to 2026-10

The claim

About ₹5.78 L on 1 lot from Feb-2019 to Sep-2026, 70%+ winning days, every year positive, 35-40% a year.

Our test, after costs

₹5.89 L

2019-02 to 2026-10 · 1 lot, lot size of the day

As taught, 1 lot made about ₹5.89 L net after real costs from Feb-2019 to Oct-2026, with drawdown about ₹49k.

65DECENT

Algrow Reality Score

25/40
claim
30/30
profit
10/30
steady
Net, full test
₹5.89 L
Worst drawdown
−₹49,000
Trades
—
Win rate
—

Size: 1 lot, lot size of the day.

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How our test compares with the video

Using their cost settings our total was ₹5.79 L vs their ₹5.78 L (within 0.3%), though yearly splits differ by ₹20-40k. Their own screen shows 2026 at about zero, so 'every year positive' does not hold, and 35-40% a year is not reachable on the roughly ₹3 L margin per lot.

Worth knowing: Recent years (2023, 2024, 2026) were thin; years before 2019 used monthly options and lost money.

The rules we tested

Every weekday at 09:18 sell the ATM (by spot) call and put of the nearest weekly expiry. Each leg has a 50% stop (other leg keeps running); whole position exits at +₹15,000 or −₹8,000, and once profit reaches ₹1,500 a lock at ₹0 trails up ₹500 for every further ₹500; exit 14:45. Gaps we filled: fill at the next minute's open; when spot is missing, ATM = strike where call and put prices are closest.

Method and Reality Score

Full method: how we test

1-minute and 1-second data, rupee rules decided on minute close and filled at the next minute's open, real broker charges incl. STT and taxes plus 0.25% slippage.

  • 1-minute historical NSE/BSE option and futures data; each video's rules coded exactly as taught, with stated assumptions where the video left a gap.
  • Signals on a candle's close are filled at the next minute's open (unless the rules say otherwise); stops and targets are checked against each minute's high and low.
  • Real broker charges, STT, exchange fees, stamp duty and GST deducted on every order; lot size as it was on each trade date.
  • Results are per lot unless stated. No leverage, compounding or position sizing beyond the video's own rules.

Reality Score (0–100) = claim match (up to 40: matches 40, partly 25, fails after costs 8, not reproduced 0) + after-cost profit (up to 30: zero if it loses; more when total profit is large versus the worst drawdown) + steadiness (up to 30: share of profitable years, plus 5 if the latest year made money).

Questions people ask

Does the 09:18 ATM short straddle with MTM lock strategy work?

Partly. As taught, 1 lot made about ₹5.89 L net after real costs from Feb-2019 to Oct-2026, with drawdown about ₹49k. Tested on NIFTY weekly, 2019-02 to 2026-10, after real costs. Reality Score 65/100.

What is the win rate of the 09:18 ATM short straddle with MTM lock strategy after costs?

We did not count a per-trade win rate for this one; the net result after real charges was ₹5.89 L with a worst drawdown of −₹49,000.

How much did it make or lose in the backtest?

Our test: ₹5.89 L after real costs. Over 2019-02 to 2026-10 (1 lot, lot size of the day), the net after charges was ₹5.89 L and the worst fall from a peak was −₹49,000.

What exact rules were tested?

Every weekday at 09:18 sell the ATM (by spot) call and put of the nearest weekly expiry. Each leg has a 50% stop (other leg keeps running); whole position exits at +₹15,000 or −₹8,000, and once profit reaches ₹1,500 a lock at ₹0 trails up ₹500 for every further ₹500; exit 14:45. Gaps we filled: fill at the next minute's open; when spot is missing, ATM = strike where call and put prices are closest.

How was the 09:18 ATM short straddle with MTM lock backtest done?

On 1-minute exchange data since 2017, signals filled at the next minute's open, with real broker charges, STT, exchange fees, SEBI fee, stamp duty and GST, and the lot size of each date. Rules exactly as taught; gaps we had to fill are stated. Full method on our How we test page.

Run it yourself

Opens our backtester with this video's rules as taught, ready to run. Change dates or stops and see what happens. Default charges are used, so totals can differ a little from this page.

Open with these rules

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