Index Options Buying करने का फार्मूला || Nitin Murarka Nifty ke Nishanebaaz
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Verdict
Real option-buying backtest. Decoded entry: price crossing its EMA 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.
7,844 trades on ₹1L: net -612.7% over 12 years (-51.1%/yr, loses money), win 40%, payoff 1.38 (avg win ₹2,209 / avg loss ₹-1,606), max drawdown -696%, worst trade ₹-11,518. 2015: ₹-41,600. 2016: ₹-55,871. 2017: ₹-42,936. 2018: ₹-1,163. 2019: ₹-64,277. 2020: ₹-11,289. 2021: ₹-46,451. 2022: ₹-119,584. 2023: ₹-108,830. 2024: ₹-83,956. 2025: ₹-99,651. 2026: ₹+62,931.
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.
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)
| Year | Trades | Win % | Net P&L |
|---|---|---|---|
| 2015 | 303 | 38% | ₹-41,600 |
| 2016 | 537 | 41% | ₹-55,871 |
| 2017 | 604 | 40% | ₹-42,936 |
| 2018 | 575 | 43% | ₹-1,163 |
| 2019 | 647 | 37% | ₹-64,277 |
| 2020 | 638 | 39% | ₹-11,289 |
| 2021 | 969 | 42% | ₹-46,451 |
| 2022 | 725 | 40% | ₹-119,584 |
| 2023 | 772 | 37% | ₹-108,830 |
| 2024 | 680 | 40% | ₹-83,956 |
| 2025 | 992 | 41% | ₹-99,651 |
| 2026 | 402 | 44% | ₹+62,931 |
Full transcript (7366 words)
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