Your idea: So I have been thinking of using 1 lakh capital to buy itm options and… — backtested on Indian market data | FakeTrades
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Your idea: So I have been thinking of using 1 lakh capital to buy itm options and…

💡 Described strategy
Analysed 15 Oct 2026, 05:14 PM IST
★☆☆☆☆ 1.0 / 5

Detected components (auto-read from transcript)

Intraday

Claims it makes (quotes pulled from the transcript)

  • “So I have been thinking of using 1 lakh capital to buy itm options and booking at around 2% profit or loss.”

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 2% / target 2% 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 -330.6% over 12 years (-27.6%/yr, loses money), win 19%, payoff 0.43 (avg win ₹99 / avg loss ₹-232), max drawdown -331%, worst trade ₹-835. 2015: ₹-6,581. 2016: ₹-13,726. 2017: ₹-15,352. 2018: ₹-18,085. 2019: ₹-16,820. 2020: ₹-30,865. 2021: ₹-42,116. 2022: ₹-38,086. 2023: ₹-30,919. 2024: ₹-36,322. 2025: ₹-52,295. 2026: ₹-29,405.

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
20156736% ₹-6,581
201612628% ₹-13,726
201715327% ₹-15,352
201814627% ₹-18,085
201914824% ₹-16,820
202016415% ₹-30,865
202124719% ₹-42,116
202219415% ₹-38,086
20231909% ₹-30,919
202416010% ₹-36,322
202524415% ₹-52,295
202610614% ₹-29,405
Full transcript (73 words)
So I have been thinking of using 1 lakh capital to buy itm options and booking at around 2% profit or loss. Will not keep a position for more than 10-15 mins, buy at around 9.25-9.30 am. Will only trade once a day. As for which side trade I will pick, it would depend on how market opened and yesterday's closing. Will only need to capture a 5-10 point spot move at most.

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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.