Your idea: 3 min candle starting at 10.29 on Nifty or sensex. By at the money ce… — backtested on Indian market data | FakeTrades
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Your idea: 3 min candle starting at 10.29 on Nifty or sensex. By at the money ce…

💡 Described strategy
Analysed 27 Sep 2026, 08:44 PM IST
★☆☆☆☆ 1.0 / 5

Verdict

Real option-buying backtest. Decoded entry: an opening-range breakout on NIFTY 10-min bars → buy the ATM weekly CE (long) / PE (short), stop 7% / target 20% of premium, square-off by 15:15. Priced on real 1-minute NIFTY option premiums (GFDL, 2015–2026 — every tick of theta, IV crush and gamma is inside these prices), real charges and spread.

1,945 trades on ₹1L: net -248.4% over 12 years (-20.7%/yr, loses money), win 25%, payoff 2.26 (avg win ₹1,466 / avg loss ₹-649), max drawdown -255%, worst trade ₹-2,548. 2015: ₹-864. 2016: ₹-12,241. 2017: ₹-16,702. 2018: ₹-13,998. 2019: ₹+4,125. 2020: ₹-17,236. 2021: ₹-30,200. 2022: ₹-43,314. 2023: ₹-18,755. 2024: ₹-8,560. 2025: ₹-45,028. 2026: ₹-45,671.

Option buying is convex — low win-rates are normal; the question is whether winners outrun the premium bleed. Backtested on 12 years of minute-level premium data (2015–2026; monthly contracts before 2019 — weeklies didn't exist; constant 65-unit lot); entries tested intraday as taught. Flagged for human review.

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Is it profitable? (green above the line = made money, red below = lost it)

Year by year (every trade the rules fired, on real NIFTY option premiums — 1 lot, ₹1L)

YearTradesWin %Net P&L
20156734% ₹-864
201612625% ₹-12,241
201715325% ₹-16,702
201814625% ₹-13,998
201914832% ₹+4,125
202016423% ₹-17,236
202124724% ₹-30,200
202219422% ₹-43,314
202319023% ₹-18,755
202416026% ₹-8,560
202524424% ₹-45,028
202610619% ₹-45,671
Full transcript (24 words)
3 min candle starting at 10.29 on Nifty or sensex. By at the money ce for 20 point ce target . 7 point sl

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