Strategy review
Top Gainer/Loser AI Options Algo
Reviewed video: “Day 1 – Building AI Algo Until I Earn ₹1 Lakh from Option | Today: +₹1237”
The claim
At 9:20 (or 10:30), scan F&O stocks; buy an ATM call on the day's top gainer and an ATM put on the top loser; hold intraday, square off. 'Top gainer / top loser will keep moving.'
How we tested it
We can't price individual stock options, so we tested the decider — the underlying directional edge: long the top gainer / short the top loser to 3:15, on 48 Nifty-50 stocks, 2 years.
The data
| Metric | Value |
|---|---|
| Top gainer/loser @ 9:20 | -0.02% |
| Top gainer/loser @ 10:30 | -0.05% |
Our verdict
An honest 'building in public' format, and the creator rightly admits costs are brutal.
But the premise is false: the day's biggest mover is a coin flip from 9:20 to close (46–47% win, ~0% average return), with a slight reversion drift. On a zero-edge signal, buying ATM options only adds the wide stock-option spread + theta + the ~35%/yr volatility tax — a guaranteed bleed. The '+₹1,237 Day 1' is a single filmed session.
Bottom line
★☆☆☆☆ 1.0/5