Option selling · NIFTY monthly · tested 2017-01 to 2026-10
21-day SMA band credit spreads (stop and reverse)
As taught, 1 lot made about ₹31.6k net over nearly 10 years, and lost about ₹11k over the video's own 2021-2025 window.
- Net P&L (1 lot, lot size of the day)
- ₹31,660
- Trades
- —
- Win rate
- —
- Max drawdown
- −₹67,387
What the video claims
About ₹3.1 L on ₹1 L capital over 2021-2025, max drawdown about 25%.
Our paraphrase. See the video for the full explanation.
How our test compares
Our signal dates match the examples on their chart and the trade count is similar, but their profit per trade is about 5x ours; even with no costs and a flat quantity we got only about +₹47k for 2021-2025 vs their ₹3.1 L.
Year by year (rules as taught, after costs)
| 2017 | ₹10,801 |
| 2018 | ₹28,538 |
| 2019 | −₹39,678 |
| 2020 | ₹22,341 |
| 2021 | −₹10,926 |
| 2022 | ₹21,189 |
| 2023 | ₹22,030 |
| 2024 | −₹6,927 |
| 2025 | −₹40,049 |
| 2026 | ₹24,341 |
Rules we tested
At 15:20 compare NIFTY to the 21-day SMA of daily highs and of daily lows: above the upper line sell a bull put spread, below the lower line a bear call spread, in between hold; an opposite signal exits and reverses. Monthly expiry, 100-point OTM strikes, bought leg within 500 points, net credit ₹90-140; roll to next month after the 15th. Gaps we filled: farthest OTM strike when several qualify, nearest credit when none does.
Note: The gap to the claim could not be explained by any reasonable reading of the rules we tried.
Method
Signal on the 15:20 candle, fill at the next minute's open; real broker charges incl. STT and taxes plus 0.25% slippage; lot size of each date.
- 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.