Option selling · NIFTY monthly · tested 2017-06 to 2026-10
Heikin-Ashi + MACD monthly credit spreads
As taught, the rules made about ₹2.04 lakh per lot from Jun-2017 to Oct-2026, including a ₹60k loss in 2021.
- Net P&L (1 lot (lot size of each expiry))
- ₹2.04 L
- Trades
- —
- Win rate
- —
- Max drawdown
- −₹86,108
What the video claims
Roughly ₹28k (2022), ₹3.37 lakh (2023), ₹1.44 lakh (2024) and ₹3.47 lakh (2025) on ₹6–7 lakh capital.
Our paraphrase. See the video for the full explanation.
How our test compares
For 2022–25 we got ₹1.38 lakh per lot, about ₹9.65 lakh at ~7 lots versus the claimed ₹8.56 lakh; the year-by-year split differs and the video gives no lot count or trade list.
Year by year (rules as taught, after costs)
| 2017 | ₹16,438 |
| 2018 | ₹19,333 |
| 2019 | ₹71,977 |
| 2020 | ₹4,280 |
| 2021 | −₹59,809 |
| 2022 | ₹25,376 |
| 2023 | ₹19,694 |
| 2024 | ₹32,315 |
| 2025 | ₹60,481 |
| 2026 | ₹14,309 |
Rules we tested
On a 2-hour Heikin-Ashi NIFTY chart with MACD (12,26,9), a bullish crossover followed by a break of that candle's high opens a bull put spread, and a bearish crossover plus break of the low opens a bear call spread. Monthly expiry, net credit 90–145, legs up to 500 apart, always in the market via stop-and-reverse, rolled to next month in the third week. Assumptions: 1 lot at each expiry's lot size, 500-wide spreads, candles from 09:15, nearest credit taken if none fits the band.
Note: Drawdown of about ₹86k per lot came from a run of whipsaws in 2021.
Method
1-minute data, signals on closed candles filled at the next minute's open, real broker charges incl. STT and taxes, 0.25% slippage, daily mark-to-market.
- 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.