Iron Condor
Iron Condor • Jan 1, 2023 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on QQQ from Jan 1, 2023 - Dec 10, 2025, placing 631 trades that stayed open for an average of 2 days. The results were impressive - winning 77.65% of the time (490 wins vs 141 losses), which shows remarkable consistency. This translated to $455,833.76 in total profits. On average, each position made $722.40. When annualized, that's a 269.3% return (CAGR), which suggests strong growth potential if maintained over time. The account experienced a 17.7% drawdown at its lowest point, which is moderate but manageable. With a Sharpe ratio of 10.11, the returns were excellent relative to the risk taken. The strategy managed to keep 50.1% 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 |
|---|---|---|---|---|---|---|
| 2023-01-03 | $0.70 | $0.53 | Early Exit | $161.50 | 23.35% | |
| 2023-01-04 | $0.86 | $0.01 | Early Exit | $851.60 | 98.84% | |
| 2023-01-05 | $0.64 | $0.01 | Early Exit | $633.80 | 98.45% | |
| 2023-01-06 | $1.17 | $1.10 | Early Exit | $60.10 | 5.23% | |
| 2023-01-09 | $0.79 | $0.94 | Early Exit | $-152.50 | -19.29% | |
| 2023-01-10 | $0.56 | $0.68 | Take Profit | $128.10 | 23.20% | |
| 2023-01-11 | $0.89 | $0.01 | Early Exit | $879.20 | 98.88% | |
| 2023-01-12 | $0.81 | $0.01 | Early Exit | $802.20 | 98.77% | |
| 2023-01-17 | $0.07 | $0.01 | Early Exit | $62.30 | 86.32% | |
| 2023-01-18 | $0.72 | $0.55 | Take Profit | $168.88 | 23.61% | |
| 2023-01-20 | $1.33 | $1.01 | Early Exit | $315.10 | 23.79% | |
| 2023-01-23 | $0.65 | $0.01 | Early Exit | $642.60 | 98.47% | |
| 2023-01-24 | $0.52 | $0.40 | Take Profit | $119.13 | 23.08% | |
| 2023-01-27 | $1.27 | $0.01 | Early Exit | $1,254.40 | 99.21% | |
| 2023-01-30 | $0.81 | $1.00 | Take Profit | $190.73 | 23.76% | |
| 2023-01-31 | $2.48 | $0.01 | Early Exit | $-2,474.90 | -99.60% | |
| 2023-02-01 | $0.71 | $1.07 | Stop Loss | $-365.50 | -51.41% | |
| 2023-02-02 | $1.26 | $0.01 | Early Exit | $1,249.30 | 99.21% | |
| 2023-02-03 | $1.14 | $1.11 | Early Exit | $28.20 | 2.55% | |
| 2023-02-06 | $1.86 | $1.40 | Take Profit | $453.98 | 24.46% | |
| 2023-02-07 | $0.56 | $0.84 | Stop Loss | $-289.00 | -51.80% | |
| 2023-02-08 | $3.63 | $2.96 | Early Exit | $-537.84 | -18.50% | |
| 2023-02-09 | $1.43 | $0.01 | Early Exit | $1,417.20 | 99.30% | |
| 2023-02-10 | $0.89 | $1.20 | Early Exit | $-313.90 | -35.23% | |
| 2023-02-13 | $2.03 | $0.01 | Early Exit | $2,020.90 | 99.51% | |
| 2023-02-14 | $2.80 | $0.01 | Early Exit | $2,794.10 | 99.64% | |
| 2023-02-15 | $0.85 | $0.75 | Early Exit | $98.70 | 11.71% | |
| 2023-02-16 | $0.36 | $0.01 | Early Exit | $351.90 | 97.24% | |
| 2023-02-21 | $0.09 | $0.08 | Take Profit | $12.93 | 14.46% | |
| 2023-02-22 | $0.76 | $0.01 | Early Exit | $753.80 | 98.69% | |
| 2023-02-23 | $1.17 | $1.34 | Early Exit | $-171.20 | -14.58% | |
| 2023-02-24 | $1.78 | $1.54 | Early Exit | $242.30 | 13.63% | |
| 2023-02-27 | $1.52 | $0.01 | Early Exit | $1,508.00 | 99.34% | |
| 2023-02-28 | $1.72 | $0.01 | Early Exit | $1,706.00 | 99.42% | |
| 2023-03-01 | $1.30 | $0.99 | Take Profit | $314.80 | 24.23% | |
| 2023-03-02 | $1.76 | $2.65 | Stop Loss | $-891.40 | -50.57% | |
| 2023-03-06 | $1.80 | $0.01 | Early Exit | $1,788.60 | 99.44% | |
| 2023-03-07 | $0.69 | $0.56 | Early Exit | $129.80 | 18.95% | |
| 2023-03-08 | $3.59 | $0.01 | Early Exit | $3,579.20 | 99.72% | |
| 2023-03-09 | $2.16 | $0.01 | Early Exit | $2,149.40 | 99.54% | |
| 2023-03-10 | $0.21 | $0.01 | Early Exit | $195.10 | 95.14% | |
| 2023-03-13 | $0.81 | $0.62 | Take Profit | $192.05 | 23.77% | |
| 2023-03-14 | $2.10 | $2.09 | Early Exit | $11.00 | 0.56% | |
| 2023-03-15 | $2.70 | $0.01 | Early Exit | $2,690.60 | 99.63% | |
| 2023-03-16 | $0.98 | $1.48 | Stop Loss | $-501.70 | -51.02% | |
| 2023-03-17 | $0.66 | $0.39 | Early Exit | $-276.80 | -41.69% | |
| 2023-03-20 | $2.04 | $1.54 | Take Profit | $498.28 | 24.51% | |
| 2023-03-21 | $1.49 | $1.12 | Take Profit | $360.75 | 24.33% | |
| 2023-03-22 | $1.97 | $1.70 | Early Exit | $268.60 | 13.66% | |
| 2023-03-24 | $1.87 | $1.41 | Take Profit | $456.60 | 24.47% |