Option selling · NIFTY monthly · tested 2019-01 to 2026-10
Monthly 15-delta strangle with wings and adjustments
As taught, the rules made about ₹900 over 2021–25 and ₹70k from Jan-2019 to Oct-2026, with a ₹65k drawdown.
- Net P&L (1 lot (lot size of the time))
- ₹70,407
- Trades
- 91
- Win rate
- 66.0%
- Max drawdown
- −₹64,558
What the video claims
About ₹3.1 lakh profit over 2021–2025.
Our paraphrase. See the video for the full explanation.
How our test compares
For 2021–25 we got about +₹0.9k per lot versus the claimed ₹3.1 lakh; a 15-delta monthly strangle collects only about ₹5–8k premium per lot per month, so the claim likely assumes several lots or different rules.
Year by year (rules as taught, after costs)
| 2019 | ₹23,211 |
| 2020 | ₹33,684 |
| 2021 | ₹2,339 |
| 2022 | −₹458 |
| 2023 | −₹1,678 |
| 2024 | ₹19,584 |
| 2025 | −₹18,869 |
| 2026 | ₹12,594 |
Rules we tested
On monthly expiry day, sell next-month calls and puts near 15 delta and buy far wings. If one short doubles, book the other and re-sell at the loser's delta; if a short's delta passes 0.45, close both and re-sell at half the loser's premium. Exit at 15:15 on the third weekly expiry, no hard stop. Assumptions: one decision per day at 15:15, wings at the farthest strikes available in our data, delta from implied volatility.
Note: Video lot count and capital not stated; the very cheap wings shown were not available in our data, so wings cost more.
Method
Option data checked once a day at 15:15 with fills at that bar's open, real broker charges incl. STT and taxes, slippage of the larger of ₹0.5 or 1% per fill.
- 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.