PERFORMANCE SUMMARY — BACKTEST (SIMULATED)

Curvature Theta Spread · NIFTY

NIFTY · defined-risk intraday spread · 2023-01-03 to 2026-08-07 · 838 sessions

Intraday, defined-risk options strategy on NIFTY. One position a day, always flat by the close. Figures below are a historical simulation.

Backtested results are not a guarantee of future returns. This is a simulation — no live fills, order rejections, or margin constraints. Fills are modelled at intraday prices; the selected cost model is applied per completed round trip.

Equity curve — capital (₹)

Drawdown — underwater curve (₹)

Monthly P&L (thousands of ₹, after the selected cost model)

What the cost model does to the result

Year-by-year breakdown

Sample trade log