Option selling · SENSEX weekly · tested 2024-05 to 2026-10
SENSEX 0.20-delta strangle sold after a 5% dip
As taught, the rules made about ₹1.11 lakh per lot from May-2024 to Oct-2026 after costs, but only ₹3k in 2026 with a ₹40k drawdown.
- Net P&L (1 lot (20 units))
- ₹1.11 L
- Trades
- —
- Win rate
- 67.0%
- Max drawdown
- −₹40,415
What the video claims
About ₹1.2 lakh from Jun-2024 to Mar-2026 with 67% winners on ₹1 lakh capital, with costs shown as zero.
Our paraphrase. See the video for the full explanation.
How our test compares
With the video's zero-cost setup we got ₹1.44 lakh versus its ₹1.20 lakh over the same window, with the same 67% win rate and the same bad months.
Year by year (rules as taught, after costs)
| 2024 | ₹32,574 |
| 2025 | ₹74,923 |
| 2026 | ₹3,270 |
Rules we tested
Each weekday at 09:20, pick the 0.20-delta SENSEX weekly call and put and sell each leg only after its premium falls 5% from that price. Each leg has a stop at 3× / +300%, the whole position exits at a ₹5,000 loss, no re-entry, and everything closes at 15:15. Assumptions: lot of 20, delta from implied volatility, leg stop tested as +300%.
Note: SENSEX option data starts May-2024, so the video's 2023 figure could not be checked. With stricter next-minute-open fills the rules made about ₹82k.
Method
1-minute data, real broker and exchange charges incl. STT and taxes, 0.25% slippage, fills at the trigger price.
- 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.