Option selling · NIFTY weekly · tested 2020-01 to 2026-01
Weekly iron condor at ATM ± implied move
As taught, the iron condor came to −308 points before costs and about −2,155 points (≈ −₹1.4 lakh per lot of 65) after costs over Jan-2020 to Jan-2026.
- Net P&L (1 lot of 65 (approx., from points))
- −₹1.40 L
- Trades
- 308
- Win rate
- 75.0%
- Max drawdown
- —
What the video claims
About +1,800 points over Jan-2020 to Jan-2026 with ~78% winning weeks.
Our paraphrase. See the video for the full explanation.
How our test compares
Individual weeks matched closely (e.g. the Dec-2023 and Apr-2025 gap weeks), but the total was −308 points gross versus the claimed +1,800, a gap of about 6 points a week that no rule variant explained.
Rules we tested
About five days before weekly expiry at 09:20, sell strikes at ATM ± (ATM straddle price + 100) and buy wings 100 points further out, holding to 14:30 on expiry day with no stop or target. Assumptions: '5 days' tested as 4 and 5 trading days before expiry, strikes rounded to 50, costs not stated in the video.
Note: Win rate and trade count are for the 4-trading-day entry, before costs.
Method
1-minute data, signal on the 09:19 close filled at the 09:20 open, exit at the 14:30 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.