Nifty 09:20 Short Straddle with a 25% Stop Backtest
The same 09:20 straddle, closed in full as soon as either leg loses 25% of the premium it was sold for.
Backtested 2026-05-13 to 2026-11-12 on 101 trading days (1 excluded, listed below), one lot per leg, costs included. Historical simulation, refreshed weekly.
- Total net P&L
- -₹11,340
- after ₹21,210 of costs
- Win rate
- 38.6%
- of trading days
- Max drawdown
- -₹21,060
- not recovered in range
- Expectancy
- -₹112.27
- per trading day
- Profit factor
- 0.78
- gross wins / gross losses
- Best and worst day
- ₹3,739 / -₹2,472
- longest losing run 5 days
Cumulative net P&L
Net P&L by day
Net P&L by weekday
Net P&L by days to expiry at entry
The rules
- Underlying
- Nifty
- Entry
- 09:20, Monday to Friday
- Exit
- 15:15, or earlier on a stop
- Expiry
- Nearest weekly expiry
- Commission
- ₹20.0 per lot, on entry and on exit
- Slippage
- 0.5 premium points against every fill
Times are exchange time. Prices are last-traded one-minute marks, not quotes you could always have filled at. Lot sizes follow each contract's expiry, so a range that spans an NSE lot size change uses the old size before it and the new size after. Option premiums are not shown on this page.
| Leg | Strike | Lots | Stop |
|---|---|---|---|
| Sell Call | At the money | 1 | 25% of premium, closes all legs |
| Sell Put | At the money | 1 | 25% of premium, closes all legs |
Days left out (1)
These days are not in any number on this page, rather than being counted as flat.
- 1 day: no trade near the entry time for the 24450C leg
Day by day
| Date | Contracts | Expiry | Exit | Net P&L |
|---|---|---|---|---|
| 2026-11-11 Wed | S 25350 CE, S 25350 PE | 2026-11-17 | leg_stop_loss | -₹548 |
| 2026-11-09 Mon | S 24900 CE, S 24900 PE | 2026-11-09 | leg_stop_loss | ₹970 |
| 2026-11-05 Thu | S 24350 CE, S 24350 PE | 2026-11-09 | leg_stop_loss | -₹337 |
| 2026-11-04 Wed | S 23900 CE, S 23900 PE | 2026-11-09 | leg_stop_loss | -₹12 |
| 2026-11-03 Tue | S 23600 CE, S 23600 PE | 2026-11-03 | leg_stop_loss | -₹860 |
| 2026-11-02 Mon | S 23250 CE, S 23250 PE | 2026-11-03 | leg_stop_loss | -₹499 |
| 2026-10-30 Fri | S 22950 CE, S 22950 PE | 2026-11-03 | leg_stop_loss | -₹210 |
| 2026-10-29 Thu | S 22750 CE, S 22750 PE | 2026-11-03 | leg_stop_loss | ₹1,629 |
| 2026-10-28 Wed | S 22600 CE, S 22600 PE | 2026-11-03 | leg_stop_loss | ₹2,478 |
| 2026-10-27 Tue | S 22650 CE, S 22650 PE | 2026-11-03 | time_exit | ₹3,739 |
| 2026-10-26 Mon | S 22450 CE, S 22450 PE | 2026-11-03 | leg_stop_loss | -₹1,568 |
| 2026-10-22 Thu | S 22600 CE, S 22600 PE | 2026-11-03 | leg_stop_loss | ₹427 |
| 2026-10-21 Wed | S 23050 CE, S 23050 PE | 2026-11-03 | leg_stop_loss | ₹219 |
| 2026-10-14 Wed | S 22700 CE, S 22700 PE | 2026-10-19 | leg_stop_loss | ₹369 |
| 2026-10-13 Tue | S 22400 CE, S 22400 PE | 2026-10-13 | leg_stop_loss | -₹535 |
| 2026-10-12 Mon | S 22600 CE, S 22600 PE | 2026-10-13 | leg_stop_loss | -₹2,472 |
| 2026-10-09 Fri | S 22350 CE, S 22350 PE | 2026-10-13 | leg_stop_loss | -₹1,403 |
| 2026-10-08 Thu | S 22550 CE, S 22550 PE | 2026-10-13 | leg_stop_loss | -₹1,016 |
| 2026-10-05 Mon | S 22550 CE, S 22550 PE | 2026-10-06 | leg_stop_loss | ₹466 |
| 2026-10-01 Thu | S 22550 CE, S 22550 PE | 2026-10-06 | leg_stop_loss | -₹90 |
| 2026-09-30 Wed | S 22700 CE, S 22700 PE | 2026-10-06 | leg_stop_loss | ₹781 |
| 2026-09-29 Tue | S 22650 CE, S 22650 PE | 2026-10-06 | leg_stop_loss | -₹213 |
| 2026-09-28 Mon | S 22950 CE, S 22950 PE | 2026-10-06 | leg_stop_loss | -₹1,770 |
| 2026-09-25 Fri | S 23100 CE, S 23100 PE | 2026-10-06 | time_exit | ₹1,353 |
| 2026-09-24 Thu | S 23250 CE, S 23250 PE | 2026-10-06 | leg_stop_loss | -₹1,214 |
| 2026-09-23 Wed | S 23400 CE, S 23400 PE | 2026-10-06 | time_exit | ₹1,109 |
| 2026-09-22 Tue | S 23450 CE, S 23450 PE | 2026-09-22 | leg_stop_loss | -₹772 |
| 2026-09-21 Mon | S 23400 CE, S 23400 PE | 2026-09-22 | leg_stop_loss | ₹781 |
| 2026-09-18 Fri | S 23300 CE, S 23300 PE | 2026-09-22 | time_exit | ₹1,860 |
| 2026-09-17 Thu | S 23250 CE, S 23250 PE | 2026-09-22 | leg_stop_loss | -₹571 |
| 2026-09-16 Wed | S 23250 CE, S 23250 PE | 2026-09-22 | leg_stop_loss | -₹210 |
| 2026-09-15 Tue | S 23500 CE, S 23500 PE | 2026-09-15 | leg_stop_loss | -₹779 |
| 2026-09-11 Fri | S 23250 CE, S 23250 PE | 2026-09-15 | leg_stop_loss | -₹779 |
| 2026-09-10 Thu | S 23450 CE, S 23450 PE | 2026-09-15 | leg_stop_loss | ₹648 |
| 2026-09-09 Wed | S 23500 CE, S 23500 PE | 2026-09-15 | time_exit | ₹1,227 |
| 2026-09-08 Tue | S 23750 CE, S 23750 PE | 2026-09-08 | leg_stop_loss | -₹668 |
| 2026-09-07 Mon | S 23900 CE, S 23900 PE | 2026-09-08 | leg_stop_loss | -₹1,286 |
| 2026-09-04 Fri | S 23900 CE, S 23900 PE | 2026-09-08 | leg_stop_loss | -₹1,292 |
| 2026-09-03 Thu | S 24000 CE, S 24000 PE | 2026-09-08 | leg_stop_loss | -₹944 |
| 2026-09-02 Wed | S 23850 CE, S 23850 PE | 2026-09-08 | leg_stop_loss | -₹567 |
| 2026-09-01 Tue | S 24100 CE, S 24100 PE | 2026-09-01 | leg_stop_loss | ₹372 |
| 2026-08-31 Mon | S 24100 CE, S 24100 PE | 2026-09-01 | leg_stop_loss | -₹782 |
| 2026-08-27 Thu | S 24300 CE, S 24300 PE | 2026-09-01 | leg_stop_loss | -₹802 |
| 2026-08-26 Wed | S 24350 CE, S 24350 PE | 2026-09-01 | leg_stop_loss | -₹126 |
| 2026-08-25 Tue | S 24200 CE, S 24200 PE | 2026-09-01 | leg_stop_loss | ₹11 |
| 2026-08-24 Mon | S 24300 CE, S 24300 PE | 2026-09-01 | leg_stop_loss | -₹145 |
| 2026-08-20 Thu | S 24250 CE, S 24250 PE | 2026-09-01 | leg_stop_loss | -₹821 |
| 2026-08-19 Wed | S 24150 CE, S 24150 PE | 2026-09-01 | time_exit | ₹1,005 |
| 2026-08-18 Tue | S 24200 CE, S 24200 PE | 2026-08-18 | leg_stop_loss | -₹1,023 |
| 2026-08-17 Mon | S 24350 CE, S 24350 PE | 2026-08-18 | leg_stop_loss | -₹447 |
| 2026-08-11 Tue | S 24600 CE, S 24600 PE | 2026-08-11 | leg_stop_loss | -₹727 |
| 2026-08-10 Mon | S 24600 CE, S 24600 PE | 2026-08-11 | leg_stop_loss | ₹144 |
| 2026-08-06 Thu | S 24650 CE, S 24650 PE | 2026-08-11 | time_exit | ₹177 |
| 2026-08-05 Wed | S 24650 CE, S 24650 PE | 2026-08-11 | leg_stop_loss | -₹1,266 |
| 2026-08-04 Tue | S 24700 CE, S 24700 PE | 2026-08-04 | leg_stop_loss | -₹1,868 |
| 2026-08-03 Mon | S 24550 CE, S 24550 PE | 2026-08-04 | leg_stop_loss | -₹242 |
| 2026-07-30 Thu | S 24250 CE, S 24250 PE | 2026-08-04 | leg_stop_loss | -₹1,594 |
| 2026-07-29 Wed | S 24200 CE, S 24200 PE | 2026-08-04 | time_exit | ₹677 |
| 2026-07-28 Tue | S 23950 CE, S 23950 PE | 2026-08-04 | leg_stop_loss | ₹40 |
| 2026-07-27 Mon | S 23950 CE, S 23950 PE | 2026-08-04 | time_exit | ₹2,283 |
| 2026-07-23 Thu | S 23900 CE, S 23900 PE | 2026-08-04 | leg_stop_loss | ₹667 |
| 2026-07-22 Wed | S 24150 CE, S 24150 PE | 2026-08-04 | leg_stop_loss | -₹2,069 |
| 2026-07-21 Tue | S 24200 CE, S 24200 PE | 2026-07-21 | leg_stop_loss | -₹340 |
| 2026-07-20 Mon | S 24200 CE, S 24200 PE | 2026-07-21 | leg_stop_loss | ₹1,727 |
| 2026-07-16 Thu | S 24150 CE, S 24150 PE | 2026-07-21 | leg_stop_loss | -₹334 |
| 2026-07-15 Wed | S 24100 CE, S 24100 PE | 2026-07-21 | leg_stop_loss | -₹944 |
| 2026-07-14 Tue | S 24050 CE, S 24050 PE | 2026-07-14 | leg_stop_loss | ₹2,013 |
| 2026-07-13 Mon | S 24050 CE, S 24050 PE | 2026-07-14 | leg_stop_loss | -₹395 |
| 2026-07-09 Thu | S 23950 CE, S 23950 PE | 2026-07-14 | leg_stop_loss | -₹1,468 |
| 2026-07-08 Wed | S 24250 CE, S 24250 PE | 2026-07-14 | leg_stop_loss | -₹294 |
| 2026-07-07 Tue | S 24450 CE, S 24450 PE | 2026-07-07 | leg_stop_loss | -₹86 |
| 2026-07-06 Mon | S 24300 CE, S 24300 PE | 2026-07-07 | leg_stop_loss | -₹616 |
| 2026-07-03 Fri | S 24400 CE, S 24400 PE | 2026-07-07 | leg_stop_loss | ₹505 |
| 2026-07-02 Thu | S 24050 CE, S 24050 PE | 2026-07-07 | leg_stop_loss | -₹766 |
| 2026-07-01 Wed | S 23900 CE, S 23900 PE | 2026-07-07 | leg_stop_loss | -₹853 |
| 2026-06-30 Tue | S 23950 CE, S 23950 PE | 2026-07-07 | leg_stop_loss | -₹1,741 |
| 2026-06-29 Mon | S 24100 CE, S 24100 PE | 2026-07-07 | leg_stop_loss | -₹1,188 |
| 2026-06-24 Wed | S 23850 CE, S 23850 PE | 2026-07-07 | leg_stop_loss | -₹834 |
| 2026-06-23 Tue | S 24100 CE, S 24100 PE | 2026-06-23 | leg_stop_loss | ₹489 |
| 2026-06-22 Mon | S 24100 CE, S 24100 PE | 2026-06-23 | time_exit | ₹2,270 |
| 2026-06-18 Thu | S 24100 CE, S 24100 PE | 2026-06-23 | leg_stop_loss | ₹1,594 |
| 2026-06-17 Wed | S 24000 CE, S 24000 PE | 2026-06-23 | leg_stop_loss | -₹1,373 |
| 2026-06-16 Tue | S 23900 CE, S 23900 PE | 2026-06-16 | leg_stop_loss | ₹329 |
| 2026-06-15 Mon | S 23950 CE, S 23950 PE | 2026-06-16 | leg_stop_loss | -₹600 |
| 2026-06-12 Fri | S 23450 CE, S 23450 PE | 2026-06-16 | leg_stop_loss | -₹769 |
| 2026-06-11 Thu | S 23150 CE, S 23150 PE | 2026-06-16 | leg_stop_loss | ₹102 |
| 2026-06-10 Wed | S 23300 CE, S 23300 PE | 2026-06-16 | leg_stop_loss | ₹2,481 |
| 2026-06-09 Tue | S 23250 CE, S 23250 PE | 2026-06-09 | leg_stop_loss | -₹181 |
| 2026-06-08 Mon | S 23100 CE, S 23100 PE | 2026-06-09 | leg_stop_loss | -₹983 |
| 2026-06-04 Thu | S 23350 CE, S 23350 PE | 2026-06-09 | time_exit | ₹2,510 |
| 2026-06-03 Wed | S 23300 CE, S 23300 PE | 2026-06-09 | leg_stop_loss | -₹730 |
| 2026-06-02 Tue | S 23300 CE, S 23300 PE | 2026-06-02 | leg_stop_loss | -₹25 |
| 2026-06-01 Mon | S 23650 CE, S 23650 PE | 2026-06-02 | leg_stop_loss | ₹92 |
| 2026-05-26 Tue | S 24000 CE, S 24000 PE | 2026-06-02 | leg_stop_loss | ₹957 |
| 2026-05-25 Mon | S 23950 CE, S 23950 PE | 2026-06-02 | time_exit | ₹768 |
| 2026-05-21 Thu | S 23750 CE, S 23750 PE | 2026-06-02 | leg_stop_loss | ₹225 |
| 2026-05-20 Wed | S 23450 CE, S 23450 PE | 2026-06-02 | leg_stop_loss | -₹600 |
| 2026-05-19 Tue | S 23750 CE, S 23750 PE | 2026-05-19 | leg_stop_loss | -₹577 |
| 2026-05-18 Mon | S 23400 CE, S 23400 PE | 2026-05-19 | leg_stop_loss | ₹151 |
| 2026-05-14 Thu | S 23550 CE, S 23550 PE | 2026-05-19 | leg_stop_loss | -₹1,078 |
| 2026-05-13 Wed | S 23400 CE, S 23400 PE | 2026-05-19 | leg_stop_loss | -₹1,682 |
Other options backtests
- Nifty 09:20 Short Straddle Backtest
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- AAPL Intraday Iron Condor Backtest
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Test Your Own Version
Pick the Short Straddle template in the Options Strategy Backtest, change the entry time, strikes, stop or dates, and copy the days into your trading journal.
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