Your idea: During each monthly BANKNIFTY expiry cycle, wait. If BANKNIFTY has an… — backtested on Indian market data | FakeTrades
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Your idea: During each monthly BANKNIFTY expiry cycle, wait. If BANKNIFTY has an…

💡 Described strategy
Analysed 14 Sep 2026, 10:33 PM IST
⏳ Backtest pending — a data-backed verdict will be attached.

Claims it makes (quotes pulled from the transcript)

  • “If BANKNIFTY has an up day of ≥1%, sell the monthly-expiry CE whose strike is approximately 8% above BANKNIFTY at that point, then hold it to expiry.”

Verdict

Not auto-backtested — honestly, we can't. AI-decoded: Sell OTM call on BANKNIFTY monthly expiry after ≥1% up day, hold to expiry for theta decay.

We give real option backtests only for fixed-entry option-selling structures (weekly credit/ratio spreads) priced on real cached NIFTY premiums. This one is an intraday chart-signal entry (not a fixed day/time), which needs intraday/tick option data and a chart-signal engine we don't have — so we show no number rather than a misleading proxy. Flagged for a hand-built review.

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Full transcript (34 words)
During each monthly BANKNIFTY expiry cycle, wait. If BANKNIFTY has an up day of ≥1%, sell the monthly-expiry CE whose strike is approximately 8% above BANKNIFTY at that point, then hold it to expiry.

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