Short Straddle
Short Straddle • Dec 10, 2020 - May 10, 2026
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Short Straddle strategy on QQQ from Dec 10, 2020 - May 10, 2026, placing 51 trades that stayed open for an average of 66 days. The results were impressive - winning 94.12% of the time (48 wins vs 3 losses), which shows remarkable consistency. This translated to $211,373.56 in total profits. On average, each position made $4,144.58. When annualized, that's a 23.4% return (CAGR), which suggests strong growth potential if maintained over time. Impressively, the maximum drawdown was only 9.0%, showing excellent risk control. With a Sharpe ratio of 4.83, the returns were excellent relative to the risk taken. The strategy managed to keep 52.5% 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 |
|---|---|---|---|---|---|---|
| 2020-12-11 | $12.43 | $0.05 | Days In Trade | $6,174.85 | 99.60% | |
| 2021-02-19 | $10.53 | $5.32 | Take Profit | $2,594.88 | 49.53% | |
| 2021-01-15 | $44.75 | $22.43 | Take Profit | $8,920.48 | 49.89% | |
| 2021-03-19 | $8.86 | $4.48 | Take Profit | $2,176.08 | 49.44% | |
| 2021-04-23 | $8.47 | $4.28 | Take Profit | $2,078.53 | 49.41% | |
| 2021-05-28 | $18.77 | $34.95 | Days In Trade | $-8,102.80 | -86.20% | |
| 2021-07-02 | $8.65 | $0.05 | Days In Trade | $4,285.25 | 99.42% | |
| 2021-08-06 | $19.19 | $9.64 | Take Profit | $4,759.45 | 49.74% | |
| 2021-09-10 | $18.60 | $9.35 | Take Profit | $4,612.35 | 49.73% | |
| 2021-11-19 | $11.63 | $5.86 | Take Profit | $2,868.85 | 49.57% | |
| 2021-10-15 | $12.82 | $0.05 | Days In Trade | $6,370.60 | 99.61% | |
| 2022-01-28 | $13.06 | $6.58 | Take Profit | $3,226.50 | 49.62% | |
| 2022-03-04 | $9.33 | $4.71 | Take Profit | $2,294.20 | 49.46% | |
| 2022-05-13 | $15.02 | $7.56 | Take Profit | $3,717.40 | 49.67% | |
| 2022-04-08 | $26.56 | $0.05 | Days In Trade | $13,241.50 | 99.81% | |
| 2022-06-17 | $8.64 | $4.37 | Take Profit | $2,123.20 | 49.42% | |
| 2022-07-22 | $22.90 | $16.75 | Days In Trade | $3,060.75 | 26.85% | |
| 2022-08-26 | $16.12 | $8.11 | Take Profit | $3,991.05 | 49.69% | |
| 2022-11-04 | $4.75 | $2.43 | Take Profit | $1,149.60 | 48.95% | |
| 2022-09-30 | $21.15 | $10.63 | Take Profit | $5,250.60 | 49.76% | |
| 2022-12-09 | $16.19 | $8.14 | Take Profit | $4,008.88 | 49.69% | |
| 2023-01-13 | $11.86 | $5.98 | Take Profit | $2,926.45 | 49.58% | |
| 2023-02-17 | $16.75 | $0.05 | Days In Trade | $8,337.55 | 99.70% | |
| 2023-03-17 | $13.01 | $0.05 | Days In Trade | $6,467.40 | 99.62% | |
| 2023-04-21 | $17.67 | $0.05 | Days In Trade | $8,795.35 | 99.72% | |
| 2023-06-30 | $10.28 | $5.19 | Take Profit | $2,532.98 | 49.51% | |
| 2023-05-26 | $15.29 | $7.69 | Take Profit | $3,783.88 | 49.67% | |
| 2023-08-04 | $13.63 | $6.87 | Take Profit | $3,370.23 | 49.63% | |
| 2023-10-13 | $9.49 | $4.80 | Take Profit | $2,335.73 | 49.47% | |
| 2023-09-08 | $10.32 | $5.21 | Take Profit | $2,542.28 | 49.52% | |
| 2023-11-17 | $15.61 | $0.05 | Days In Trade | $7,767.60 | 99.68% | |
| 2023-12-22 | $23.52 | $0.05 | Days In Trade | $11,723.20 | 99.79% | |
| 2024-01-26 | $6.22 | $3.16 | Take Profit | $1,516.50 | 49.20% | |
| 2024-03-01 | $10.63 | $5.36 | Take Profit | $2,619.28 | 49.53% | |
| 2024-04-05 | $10.46 | $5.28 | Take Profit | $2,577.38 | 49.52% | |
| 2024-05-10 | $15.29 | $11.45 | Days In Trade | $1,910.00 | 25.15% | |
| 2024-06-14 | $22.96 | $11.53 | Take Profit | $5,701.83 | 49.78% | |
| 2024-07-19 | $26.39 | $13.25 | Take Profit | $6,560.05 | 49.81% | |
| 2024-09-27 | $8.55 | $4.33 | Take Profit | $2,100.18 | 49.42% | |
| 2024-08-23 | $32.09 | $19.85 | Days In Trade | $6,102.90 | 38.12% | |
| 2024-11-01 | $5.13 | $2.62 | Take Profit | $1,245.25 | 49.03% | |
| 2024-12-06 | $6.39 | $3.24 | Take Profit | $1,559.10 | 49.22% | |
| 2025-01-10 | $10.72 | $5.41 | Take Profit | $2,643.05 | 49.53% | |
| 2025-02-14 | $2.77 | $0.05 | Days In Trade | $1,346.00 | 98.19% | |
| 2025-03-14 | $27.39 | $26.27 | Days In Trade | $545.70 | 4.08% | |
| 2025-06-27 | $14.45 | $7.27 | Take Profit | $3,574.40 | 49.65% | |
| 2025-05-23 | $30.91 | $34.93 | Days In Trade | $-2,022.10 | -13.00% | |
| 2025-08-01 | $26.04 | $0.05 | Days In Trade | $12,980.90 | 99.81% | |
| 2025-09-05 | $28.93 | $32.74 | Days In Trade | $-1,915.65 | -13.15% | |
| 2025-10-10 | $31.08 | $0.05 | Days In Trade | $15,500.05 | 99.84% |