Your idea: Real option-buying backtest. Decoded entry: a previous-day high/low br… — backtested on Indian market data | FakeTrades
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Your idea: Real option-buying backtest. Decoded entry: a previous-day high/low br…

💡 Described strategy
Analysed 29 Aug 2026, 09:01 PM IST
★☆☆☆☆ 1.0 / 5

Detected components (auto-read from transcript)

Options (selling)

Claims it makes (quotes pulled from the transcript)

  • “1,643 trades on ₹1L: net -254.7% over 12 years (-21.”
  • “2%/yr, loses money), win 40%, payoff 1.”
  • “33 (avg win ₹2,753 / avg loss ₹-2,073), max drawdown -265%, worst trade ₹-10,302.”

Verdict

Real option-buying backtest. Decoded entry: a previous-day high/low break on NIFTY 10-min bars → buy the ATM weekly CE (long) / PE (short), stop 30% / target 60% 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.

1,643 trades on ₹1L: net -254.7% over 12 years (-21.2%/yr, loses money), win 40%, payoff 1.33 (avg win ₹2,753 / avg loss ₹-2,073), max drawdown -265%, worst trade ₹-10,302. 2015: ₹+2,526. 2016: ₹-12,182. 2017: ₹-15,424. 2018: ₹+13,924. 2019: ₹-16,584. 2020: ₹+495. 2021: ₹-25,996. 2022: ₹-91,735. 2023: ₹-31,558. 2024: ₹-58,073. 2025: ₹+17,777. 2026: ₹-37,826.

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
20156351% ₹+2,526
20169438% ₹-12,182
201713144% ₹-15,424
201813049% ₹+13,924
201912739% ₹-16,584
202013939% ₹+495
202121540% ₹-25,996
202216734% ₹-91,735
202316236% ₹-31,558
202413132% ₹-58,073
202519242% ₹+17,777
20269239% ₹-37,826
Full transcript (112 words)
Real option-buying backtest. Decoded entry: a previous-day high/low break on NIFTY 10-min bars → buy the ATM weekly CE (long) / PE (short), stop 30% / target 60% 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. 1,643 trades on ₹1L: net -254.7% over 12 years (-21.2%/yr, loses money), win 40%, payoff 1.33 (avg win ₹2,753 / avg loss ₹-2,073), max drawdown -265%, worst trade ₹-10,302. 2015: ₹+2,526. 2016: ₹-12,182. 2017: ₹-15,424. 2018: ₹+13,924. 2019: ₹-16,584. 2020: ₹+495. 2021: ₹-25,996. 2022: ₹-91,735. 2023: ₹-31,558. 2024: ₹-58,073. 2025: ₹+17,777. 2026: ₹-37,826.

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