Your idea: Backtest a NIFTY 50 intraday options buying strategy using 3-minute ca… — backtested on Indian market data | FakeTrades
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Your idea: Backtest a NIFTY 50 intraday options buying strategy using 3-minute ca…

💡 Described strategy
Analysed 28 Oct 2026, 03:09 PM IST
★☆☆☆☆ 1.0 / 5

Detected components (auto-read from transcript)

Intraday Pivot pointsFibonacci

Verdict

Real option-buying backtest. Decoded entry: a pivot (R1/S1) break on NIFTY 10-min bars → buy the ATM weekly CE (long) / PE (short), stop 15% / target 15% 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.

1,527 trades on ₹1L: net -157.1% over 12 years (-13.1%/yr, loses money), win 49%, payoff 0.86 (avg win ₹1,103 / avg loss ₹-1,282), max drawdown -168%, worst trade ₹-5,377. 2015: ₹-6,598. 2016: ₹-8,852. 2017: ₹+2,221. 2018: ₹-3,164. 2019: ₹+54. 2020: ₹-11,958. 2021: ₹-34,551. 2022: ₹-10,902. 2023: ₹-10,460. 2024: ₹-30,388. 2025: ₹-22,635. 2026: ₹-19,837.

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
20156245% ₹-6,598
20168248% ₹-8,852
201711356% ₹+2,221
201812252% ₹-3,164
201911053% ₹+54
202013048% ₹-11,958
202120249% ₹-34,551
202215950% ₹-10,902
202315650% ₹-10,460
202411743% ₹-30,388
202518950% ₹-22,635
20268548% ₹-19,837
Full transcript (158 words)
Backtest a NIFTY 50 intraday options buying strategy using 3-minute candles and standard Fibonacci Pivot Points. Buy NIFTY CE when a 3-minute candle crosses and closes above a Fibonacci pivot level, followed by another green candle. Buy NIFTY PE when a 3-minute candle crosses and closes below a Fibonacci pivot level, followed by another red candle. Enter after the confirmation candle closes. Select deep ITM options with approximately 0.90 absolute delta. Set a fixed target of 15 points in option premium and a fixed stop-loss of 15 points in option premium. Exit at whichever is hit first. Square off all positions by market close and take a maximum of 3 trades per day. Backtest using historical NIFTY option prices, including brokerage, charges and slippage. Report total trades, win rate, net profit/loss, profit factor, average profit per trade, maximum drawdown and yearly performance. If any rule cannot be implemented, use the closest available approximation and state what was changed.

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Results are AI-generated from stored historical market data and are for educational purposes only — they cannot be treated as 100% accurate, nor as investment advice or a recommendation to buy or sell any security. Strategies from non-Indian markets are also backtested on Indian market data only. Past performance does not guarantee future results.