Iron Condor
Iron Condor • Dec 10, 2022 - Dec 31, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPY from Dec 10, 2022 - Dec 31, 2025, placing 140 trades that stayed open for an average of 23 days. The results were impressive - winning 96.43% of the time (135 wins vs 5 losses), which shows remarkable consistency. This translated to $1,219,639.55 in total profits. On average, each position made $8,711.71. When annualized, that's a 132.5% return (CAGR), which suggests strong growth potential if maintained over time. Impressively, the maximum drawdown was only 4.8%, showing excellent risk control. With a Sharpe ratio of 10.12, the returns were excellent relative to the risk taken. The strategy managed to keep 74.9% of the premium collected. Bottom line: this strategy looks promising for anyone seeking consistent, well-managed returns.
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Trade Log
| Date | Entry | Exit | Exit Reason | P&L | Return | Action |
|---|---|---|---|---|---|---|
| 2022-12-12 | $18.21 | $0.05 | Early Exit | $18,106.40 | 99.73% | |
| 2022-12-19 | $10.13 | $0.05 | Early Exit | $10,023.80 | 99.51% | |
| 2023-01-09 | $13.16 | $0.05 | Early Exit | $13,054.60 | 99.62% | |
| 2023-01-23 | $10.61 | $0.05 | Early Exit | $10,504.10 | 99.53% | |
| 2023-01-30 | $11.34 | $8.55 | Take Profit | $2,732.88 | 24.56% | |
| 2023-02-06 | $13.06 | $0.05 | Early Exit | $12,959.60 | 99.62% | |
| 2023-02-13 | $12.47 | $0.05 | Early Exit | $12,365.10 | 99.60% | |
| 2023-02-27 | $15.56 | $11.72 | Take Profit | $3,789.13 | 24.68% | |
| 2023-03-06 | $12.12 | $0.05 | Early Exit | $12,014.70 | 99.59% | |
| 2023-03-13 | $15.04 | $0.05 | Early Exit | $14,934.80 | 99.67% | |
| 2023-03-20 | $16.33 | $0.05 | Early Exit | $16,229.70 | 99.69% | |
| 2023-04-03 | $8.31 | $6.28 | Take Profit | $1,975.75 | 24.40% | |
| 2023-03-27 | $12.42 | $0.05 | Early Exit | $12,316.20 | 99.60% | |
| 2023-04-10 | $10.64 | $8.03 | Take Profit | $2,558.20 | 24.53% | |
| 2023-04-17 | $10.40 | $7.85 | Take Profit | $2,499.03 | 24.52% | |
| 2023-04-24 | $11.03 | $8.32 | Take Profit | $2,654.98 | 24.55% | |
| 2023-05-01 | $11.09 | $8.37 | Take Profit | $2,671.05 | 24.55% | |
| 2023-05-08 | $7.53 | $0.05 | Early Exit | $7,424.60 | 99.34% | |
| 2023-05-15 | $9.66 | $0.05 | Early Exit | $9,560.10 | 99.48% | |
| 2023-05-22 | $10.35 | $0.05 | Early Exit | $10,250.50 | 99.52% | |
| 2023-06-05 | $7.00 | $0.05 | Early Exit | $6,896.40 | 99.29% | |
| 2023-06-12 | $9.98 | $0.05 | Early Exit | $9,874.70 | 99.50% | |
| 2023-06-26 | $8.98 | $0.05 | Early Exit | $8,881.40 | 99.44% | |
| 2023-07-03 | $7.62 | $5.76 | Take Profit | $1,801.98 | 24.34% | |
| 2023-07-10 | $5.42 | $4.11 | Take Profit | $1,252.88 | 24.08% | |
| 2023-07-17 | $8.51 | $0.05 | Early Exit | $8,412.60 | 99.41% | |
| 2023-07-24 | $10.16 | $0.05 | Early Exit | $10,058.50 | 99.51% | |
| 2023-07-31 | $4.23 | $8.51 | Stop Loss | $-4,330.90 | -101.18% | |
| 2023-08-07 | $9.47 | $7.15 | Take Profit | $2,264.68 | 24.47% | |
| 2023-08-14 | $7.47 | $0.05 | Early Exit | $7,369.50 | 99.33% | |
| 2023-08-21 | $10.17 | $0.05 | Early Exit | $10,072.20 | 99.51% | |
| 2023-08-28 | $8.61 | $6.51 | Take Profit | $2,050.50 | 24.42% | |
| 2023-09-18 | $6.97 | $14.00 | Stop Loss | $-7,076.20 | -100.72% | |
| 2023-09-11 | $8.97 | $0.05 | Early Exit | $8,863.60 | 99.44% | |
| 2023-09-25 | $7.15 | $5.41 | Take Profit | $1,686.08 | 24.30% | |
| 2023-10-02 | $7.94 | $6.00 | Take Profit | $1,882.35 | 24.37% | |
| 2023-10-23 | $10.49 | $7.91 | Take Profit | $2,519.38 | 24.52% | |
| 2023-10-09 | $10.74 | $8.10 | Take Profit | $2,582.38 | 24.53% | |
| 2023-10-16 | $8.19 | $6.19 | Take Profit | $1,946.28 | 24.39% | |
| 2023-10-30 | $8.57 | $0.05 | Early Exit | $8,467.60 | 99.42% | |
| 2023-11-06 | $10.25 | $0.05 | Early Exit | $10,144.50 | 99.51% | |
| 2023-11-13 | $7.69 | $0.05 | Early Exit | $7,587.90 | 99.35% | |
| 2023-11-20 | $7.68 | $0.05 | Early Exit | $7,581.00 | 99.35% | |
| 2023-11-27 | $8.08 | $0.05 | Early Exit | $7,982.10 | 99.38% | |
| 2023-12-04 | $8.64 | $0.05 | Early Exit | $8,536.70 | 99.42% | |
| 2023-12-11 | $6.38 | $5.86 | Early Exit | $460.40 | 8.04% | |
| 2023-12-18 | $7.44 | $5.63 | Take Profit | $1,758.60 | 24.33% | |
| 2024-01-22 | $6.69 | $5.07 | Take Profit | $1,571.25 | 24.25% | |
| 2024-01-08 | $9.48 | $0.05 | Early Exit | $9,378.80 | 99.47% | |
| 2024-01-29 | $11.08 | $0.05 | Early Exit | $10,980.30 | 99.55% |