Option selling · NIFTY weekly · tested 2017-02 to 2026-10
Overnight 40-delta short strangle
As taught, the rules made about ₹2.46 lakh per lot from Feb-2017 to Oct-2026, but only about ₹13k since the expiry day changed in Sep-2025.
- Net P&L (1 lot (historical lot sizes))
- ₹2.46 L
- Trades
- —
- Win rate
- 70.6%
- Max drawdown
- −₹61,688
What the video claims
About ₹2.09 lakh over May-2018 to May-2023 with 70% winners (≈93% on ₹2.24 lakh).
Our paraphrase. See the video for the full explanation.
How our test compares
For the video's 5-year window we got ₹1.92 lakh before costs (₹1.70 lakh after) with a 73% win rate, close to the claimed ₹2.09 lakh; the video's final year (+₹34k) did not reproduce (about −₹3.5k after costs).
Year by year (rules as taught, after costs)
| 2017 | ₹1,685 |
| 2018 | ₹12,152 |
| 2019 | ₹24,830 |
| 2020 | ₹96,418 |
| 2021 | ₹29,361 |
| 2022 | ₹7,248 |
| 2023 | −₹19,182 |
| 2024 | ₹2,553 |
| 2025 | ₹86,349 |
| 2026 | ₹4,173 |
Rules we tested
Two trading days before weekly expiry at about 15:28, sell a call and put near 40 delta and buy them back the next day at the same time, with a stop only if the combined premium triples. Naked, no target. Assumptions: 'Tuesday' read as two trading days before expiry, delta from implied volatility, overnight stop hits filled at the 09:18 open.
Note: Since the weekly expiry moved to Tuesday, the rule becomes a Friday-to-Monday weekend hold.
Method
1-minute data, fills at the next minute's open, overnight stops filled at the 09:18 open, real broker charges incl. STT and taxes, 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.