Iron Condor
Iron Condor • Dec 1, 2021 - Dec 31, 2023
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPX from Dec 1, 2021 - Dec 31, 2023, placing 94 trades that stayed open for an average of 20 days. The results were impressive - winning 98.94% of the time (93 wins vs 1 losses), which shows remarkable consistency. This translated to $18,515,975.64 in total profits. On average, each position made $196,978.46. When annualized, that's a 1,617.9% return (CAGR), which suggests strong growth potential if maintained over time. The account experienced a 17.2% drawdown at its lowest point, which is moderate but manageable. With a Sharpe ratio of 15.48, the returns were excellent relative to the risk taken. Notably, the strategy captured 83.0% of the premium sold, which is excellent. 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 |
|---|---|---|---|---|---|---|
| 2021-12-06 | $158.41 | $118.86 | Take Profit | $11,850.50 | 24.97% | |
| 2021-12-13 | $83.97 | $63.03 | Take Profit | $10,445.30 | 24.94% | |
| 2021-12-20 | $162.46 | $0.05 | Early Exit | $48,706.83 | 99.97% | |
| 2021-12-27 | $102.33 | $0.05 | Early Exit | $61,338.96 | 99.95% | |
| 2022-01-03 | $97.77 | $0.05 | Early Exit | $68,370.82 | 99.95% | |
| 2022-01-10 | $83.87 | $0.05 | Early Exit | $67,014.80 | 99.94% | |
| 2022-01-24 | $208.56 | $156.47 | Take Profit | $62,444.88 | 24.98% | |
| 2022-01-31 | $145.65 | $109.28 | Take Profit | $72,618.90 | 24.97% | |
| 2022-02-07 | $148.16 | $0.05 | Early Exit | $296,117.00 | 99.97% | |
| 2022-02-14 | $184.33 | $0.05 | Early Exit | $368,465.60 | 99.97% | |
| 2022-02-28 | $206.60 | $0.05 | Early Exit | $412,990.60 | 99.98% | |
| 2022-03-07 | $188.91 | $0.05 | Early Exit | $377,623.80 | 99.97% | |
| 2022-03-14 | $215.58 | $0.05 | Early Exit | $430,958.20 | 99.98% | |
| 2022-03-21 | $151.96 | $114.02 | Take Profit | $75,776.50 | 24.97% | |
| 2022-03-28 | $97.44 | $0.05 | Early Exit | $194,680.80 | 99.95% | |
| 2022-04-04 | $79.89 | $0.05 | Early Exit | $159,581.80 | 99.94% | |
| 2022-04-11 | $138.55 | $0.05 | Early Exit | $276,889.60 | 99.96% | |
| 2022-04-18 | $172.33 | $0.05 | Early Exit | $344,455.40 | 99.97% | |
| 2022-04-25 | $187.20 | $0.05 | Early Exit | $374,191.60 | 99.97% | |
| 2022-05-02 | $189.66 | $0.05 | Early Exit | $379,121.80 | 99.97% | |
| 2022-05-09 | $229.67 | $0.05 | Early Exit | $459,131.40 | 99.98% | |
| 2022-05-16 | $186.32 | $0.05 | Early Exit | $372,430.60 | 99.97% | |
| 2022-05-23 | $162.59 | $229.43 | Early Exit | $-133,782.80 | -41.11% | |
| 2022-06-13 | $211.28 | $158.51 | Take Profit | $105,436.30 | 24.98% | |
| 2022-06-06 | $151.31 | $0.05 | Early Exit | $302,419.80 | 99.97% | |
| 2022-06-27 | $138.71 | $0.05 | Early Exit | $277,217.60 | 99.96% | |
| 2022-07-11 | $138.24 | $0.05 | Early Exit | $276,274.20 | 99.96% | |
| 2022-07-18 | $123.17 | $0.05 | Early Exit | $246,142.40 | 99.96% | |
| 2022-08-01 | $39.18 | $29.44 | Take Profit | $19,387.50 | 24.87% | |
| 2022-07-25 | $155.47 | $0.05 | Early Exit | $310,726.60 | 99.97% | |
| 2022-08-08 | $106.46 | $79.89 | Take Profit | $53,024.15 | 24.95% | |
| 2022-08-15 | $88.62 | $0.05 | Early Exit | $177,033.00 | 99.94% | |
| 2022-08-22 | $136.05 | $102.09 | Take Profit | $67,822.95 | 24.96% | |
| 2022-08-29 | $147.88 | $0.05 | Early Exit | $295,551.00 | 99.97% | |
| 2022-09-12 | $159.95 | $0.05 | Early Exit | $319,695.40 | 99.97% | |
| 2022-09-19 | $171.77 | $0.05 | Early Exit | $343,340.40 | 99.97% | |
| 2022-09-26 | $169.91 | $0.05 | Early Exit | $339,618.80 | 99.97% | |
| 2022-10-03 | $122.27 | $0.05 | Early Exit | $244,343.80 | 99.96% | |
| 2022-10-10 | $179.62 | $0.05 | Early Exit | $359,040.00 | 99.97% | |
| 2022-10-17 | $182.68 | $0.05 | Early Exit | $365,157.00 | 99.97% | |
| 2022-10-24 | $177.92 | $0.05 | Early Exit | $355,645.80 | 99.97% | |
| 2022-10-31 | $175.11 | $0.05 | Early Exit | $350,015.60 | 99.97% | |
| 2022-11-07 | $156.27 | $0.05 | Early Exit | $312,328.60 | 99.97% | |
| 2022-11-14 | $143.01 | $0.05 | Early Exit | $285,815.00 | 99.97% | |
| 2022-11-21 | $135.15 | $0.05 | Early Exit | $270,095.00 | 99.96% | |
| 2022-11-28 | $157.04 | $0.05 | Early Exit | $313,880.40 | 99.97% | |
| 2022-12-05 | $136.42 | $0.05 | Early Exit | $272,643.80 | 99.96% | |
| 2022-12-12 | $130.13 | $0.05 | Early Exit | $260,049.40 | 99.96% | |
| 2022-12-19 | $155.70 | $0.05 | Early Exit | $311,194.00 | 99.97% | |
| 2023-01-09 | $136.02 | $0.05 | Early Exit | $271,840.40 | 99.96% |