The 5-delta weekly NIFTY strangle: wins eight trades in ten, and one weekend took 40% of the profit
Selling far out-of-the-money NIFTY weekly options four sessions before expiry won 83% of its trades over five years. But the average loss was nearly four times the average win, one weekend gap in April 2025 cost about 40% of the five-year profit, and after costs it earned about 4% a year on capital.
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