In episode #173 of Konversation with Kushal (KwK), host Kushal Lodha sits down with options trading expert Sanjay Kathuria who reveals his proven strategy for generating 15-20% annual returns through low-risk options selling. Sanjay breaks down the psychology behind successful trading, explaining why probability of profit matters more than maximum gains and how proper risk management has helped him build consistent wealth while other traders lose their capital to transaction costs.Learn why the majority of traders fail at F&O and how Sanjay's disciplined approach to strangle strategies, position sizing, and emotional control creates sustainable profits. This episode cuts through market hype to deliver actionable insights on delta calculations, iron condor hedging, and why directional bets aren't always necessary. Whether you're new to derivatives or looking to refine your approach, this conversation provides the mindset shift needed for trading success.