Archived — below our codifiability bar

Intraday Options Selling

Discover an intraday options selling strategy designed for potential 2x annual returns. This strategy focuses on short-term options trades within a single day.

Published · Archived · Methodology: Mixed

  • Algo score: 70%
  • Discretionary score: 50%

This strategy was decoded from a public trading video but did not clear Strategy Decoder's codifiability bar: the extraction could not pin the rules down precisely enough to be turned into a reviewable specification. It is kept here as a reference post-mortem rather than as a strategy you can trade or backtest.

Part of: Algorithmic & Automated Trading

  • Methodology: Mixed
  • Content type: strategy
  • Timeframes: Intraday
  • Markets: Options

Why this strategy was archived

Intraday options selling is a premium-collection approach: the trader opens short option positions during the session and closes them before the bell, so nothing is carried overnight. The edge, where one exists, comes from intraday time decay and from volatility behaving as expected within a single session — and the risk profile is the mirror image of that, with limited upside per trade against open-ended adverse moves. This entry decodes Lemonn's video "Intraday Options Selling Gave 2X Returns in 1 Year — Real Backtest Data", which frames the approach around a backtest over a full year of sessions rather than around a handful of favourable examples.

**Why this entry is archived.** Our extraction found the scaffolding but not the machine. The instrument class (options) and the horizon (intraday) are clear, and the framing is a mix of systematic and discretionary decision-making — but the operational core is missing: which strikes are sold and on what basis, what time or condition triggers the entry, what closes the position early, where the stop sits, and how size responds to volatility. These pieces are referenced or implied rather than specified precisely enough to automate, and a rule set that has to be guessed at four different points cannot be coded or backtested faithfully. Our extraction scored the video below the codifiability bar we require for the active catalog.

**What it still offers.** The evaluative posture is the part worth keeping. Testing an options-selling routine across a year of sessions — and presenting that as the basis for the discussion — is the right instinct, and it is more discipline than most retail options content applies. If you are researching intraday premium selling, treat this as orientation material on how the approach is framed and assessed, then look to the options and volatility concept hubs and the active catalog for entries where strike selection, entry triggers and exit logic were fully extracted.

Source video

Decoded from: Intraday Options Selling Gave 2X Returns in 1 Year — Real Backtest Data by Lemonn — watch the original

Frequently asked questions

Why is this intraday options selling entry archived?

Our extraction identified the market (options) and the timeframe (intraday) but not a complete rule set — strike selection, entry trigger, exit and stop logic are referenced rather than defined. That scored below the codifiability bar we require for the active catalog.

Is the video still worth watching?

Yes, as orientation material. It approaches intraday options selling through backtest data over a full year of sessions rather than through isolated winning trades, which is the right way to frame the question even when the rules themselves are not spelled out.

What would make an intraday options selling strategy codifiable?

Four things need objective definitions: when the position is opened, which strikes and expiries are sold and on what criteria, what closes the trade (time, profit target, or an adverse-move rule), and how size is set. With those specified, the approach can be coded and tested; without them it cannot.

Where can I find codifiable options strategies on Strategy Decoder?

The active catalog and the options and volatility concept hubs list decoded video strategies where full entry, exit and risk rules were successfully extracted.

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