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Green-day high-volume overnight call

Option buying · NIFTY weekly · tested 2017-01 to 2026-10

The claim

On the index, 2014–24: about 581 trades, 70% wins, profit factor 2.4.

Our test, after costs

₹2.94 L

2017-01 to 2026-10 · 1 lot (65 units)

The as-taught signal traded as an ATM weekly call made about ₹2.94 L per lot net from 2017 to Oct 2026, with every calendar year positive.

80SOLID

Algrow Reality Score

40/40
claim
30/30
profit
10/30
steady
Net, full test
₹2.94 L
Worst drawdown
−₹56,000
Trades
597
Win rate
55.6%

Size: 1 lot (65 units).

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How our test compares with the video

In index points we got 603 trades, 66% wins and profit factor 2.23 vs their 581, 70.6% and 2.40, so the signal reproduces; the option version is thinner (profit factor about 1.6).

Worth knowing: The video's advice to buy only when implied volatility is low reduced profits in our test. One gap-down night can cost ₹15–20k.

The rules we tested

Buy at the close when the day closes green and futures volume is above its 3-day average; exit 10–15 minutes after the next open, no stop or target. The video gives no strike or expiry, so we used the ATM weekly call, a 15:24 signal with a 15:25 entry and a 09:25 exit, and NIFTY futures volume.

Method and Reality Score

Full method: how we test

1-minute index, futures and option data, entry at the 15:25 open and exit at the 09:25 open, broker charges incl. STT and taxes, 0.25% slippage per order.

  • 1-minute historical NSE/BSE option and futures data; each video's rules coded exactly as taught, with stated assumptions where the video left a gap.
  • Signals on a candle's close are filled at the next minute's open (unless the rules say otherwise); stops and targets are checked against each minute's high and low.
  • Real broker charges, STT, exchange fees, stamp duty and GST deducted on every order; lot size as it was on each trade date.
  • Results are per lot unless stated. No leverage, compounding or position sizing beyond the video's own rules.

Reality Score (0–100) = claim match (up to 40: matches 40, partly 25, fails after costs 8, not reproduced 0) + after-cost profit (up to 30: zero if it loses; more when total profit is large versus the worst drawdown) + steadiness (up to 30: share of profitable years, plus 5 if the latest year made money).

Questions people ask

Does the Green-day high-volume overnight call strategy work?

In our test the rules as taught roughly hold up. The as-taught signal traded as an ATM weekly call made about ₹2.94 L per lot net from 2017 to Oct 2026, with every calendar year positive. Tested on NIFTY weekly, 2017-01 to 2026-10, after real costs. Reality Score 80/100.

What is the win rate of the Green-day high-volume overnight call strategy after costs?

55.6% of 597 trades made money after real charges in our test (2017-01 to 2026-10). A high or low win rate alone says little; the net result was ₹2.94 L with a worst drawdown of −₹56,000.

How much did it make or lose in the backtest?

Our test: ₹2.94 L after real costs. Over 2017-01 to 2026-10 (1 lot (65 units)), the net after charges was ₹2.94 L and the worst fall from a peak was −₹56,000.

What exact rules were tested?

Buy at the close when the day closes green and futures volume is above its 3-day average; exit 10–15 minutes after the next open, no stop or target. The video gives no strike or expiry, so we used the ATM weekly call, a 15:24 signal with a 15:25 entry and a 09:25 exit, and NIFTY futures volume.

How was the Green-day high-volume overnight call backtest done?

On 1-minute exchange data since 2017, signals filled at the next minute's open, with real broker charges, STT, exchange fees, SEBI fee, stamp duty and GST, and the lot size of each date. Rules exactly as taught; gaps we had to fill are stated. Full method on our How we test page.

Run it yourself — coming soon

These rules use features our public backtester can't express exactly yet, so we won't pre-fill an approximation. Build your own idea in the meantime.

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