Credit Put Spread
Credit Put Spread • Apr 24, 2023 - Apr 24, 2026
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Credit Put Spread strategy on QQQ from Apr 24, 2023 - Apr 24, 2026, placing 152 trades that stayed open for an average of 1 days. Despite winning only 48.68% of trades (74 vs 78), the winners were big enough to generate $197,560.10 in profits. On average, each position made $1,299.74. When annualized, that's a 174.8% return (CAGR), which suggests strong growth potential if maintained over time. The account experienced a 14.3% drawdown at its lowest point, which is moderate but manageable. With a Sharpe ratio of 3.02, the returns were excellent relative to the risk taken. Notably, the strategy captured 191.3% of the premium sold, which is excellent. While it made money, there's definitely room to improve the consistency and risk management here.
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Trade Log
| Date | Entry | Exit | Exit Reason | P&L | Return | Action |
|---|---|---|---|---|---|---|
| 2023-04-27 | $1.01 | $1.85 | Expiration | $823.30 | 82.50% | |
| 2023-05-01 | $0.64 | $0.00 | Expiration | $-648.10 | -100.00% | |
| 2023-05-05 | $0.41 | $0.80 | Expiration | $379.80 | 96.46% | |
| 2023-05-08 | $0.91 | $0.00 | Expiration | $-922.00 | -100.00% | |
| 2023-05-15 | $0.64 | $1.94 | Expiration | $1,288.20 | 203.69% | |
| 2023-05-22 | $0.83 | $0.00 | Expiration | $-838.30 | -100.00% | |
| 2023-05-25 | $0.75 | $8.75 | Expiration | $7,989.30 | 1,070.26% | |
| 2023-05-30 | $0.51 | $0.00 | Expiration | $-525.10 | -100.00% | |
| 2023-06-05 | $0.34 | $0.00 | Expiration | $-357.90 | -100.00% | |
| 2023-06-08 | $0.31 | $1.65 | Expiration | $1,324.50 | 428.00% | |
| 2023-06-12 | $0.35 | $2.86 | Expiration | $2,499.30 | 722.55% | |
| 2023-06-20 | $0.51 | $0.00 | Expiration | $-527.90 | -100.00% | |
| 2023-06-22 | $0.87 | $0.00 | Expiration | $-886.00 | -100.00% | |
| 2023-06-27 | $0.51 | $0.00 | Expiration | $-522.90 | -100.00% | |
| 2023-07-03 | $0.19 | $0.05 | Expiration | $-155.70 | -74.05% | |
| 2023-07-05 | $0.85 | $0.00 | Expiration | $-866.20 | -100.00% | |
| 2023-07-11 | $0.83 | $5.97 | Expiration | $5,123.30 | 616.08% | |
| 2023-07-17 | $0.24 | $3.38 | Expiration | $3,127.10 | 1,308.92% | |
| 2023-07-25 | $1.02 | $0.00 | Expiration | $-1,033.40 | -100.00% | |
| 2023-07-28 | $0.50 | $0.00 | Expiration | $-516.60 | -100.00% | |
| 2023-07-31 | $0.86 | $0.99 | Expiration | $117.00 | 15.12% | |
| 2023-08-23 | $1.49 | $0.00 | Expiration | $-1,504.50 | -100.00% | |
| 2023-08-28 | $0.80 | $9.03 | Expiration | $8,221.90 | 1,035.71% | |
| 2023-09-05 | $0.21 | $0.00 | Expiration | $-226.70 | -100.00% | |
| 2023-09-11 | $0.39 | $0.00 | Expiration | $-399.50 | -100.00% | |
| 2023-09-13 | $0.27 | $3.57 | Expiration | $3,290.30 | 1,238.58% | |
| 2023-10-02 | $0.44 | $0.00 | Expiration | $-450.30 | -100.00% | |
| 2023-10-04 | $0.45 | $0.00 | Expiration | $-462.70 | -100.00% | |
| 2023-10-09 | $0.41 | $3.01 | Expiration | $2,584.50 | 629.70% | |
| 2023-10-16 | $0.27 | $0.00 | Expiration | $-278.70 | -100.00% | |
| 2023-11-01 | $0.57 | $6.31 | Expiration | $5,723.50 | 1,000.26% | |
| 2023-11-06 | $0.53 | $5.43 | Expiration | $4,883.50 | 917.81% | |
| 2023-11-13 | $0.17 | $7.89 | Expiration | $7,703.00 | 4,434.48% | |
| 2023-12-01 | $0.80 | $0.00 | Expiration | $-816.50 | -100.00% | |
| 2023-12-07 | $0.69 | $2.33 | Expiration | $1,625.80 | 237.09% | |
| 2023-12-11 | $0.55 | $3.38 | Expiration | $2,813.80 | 510.99% | |
| 2023-12-18 | $0.59 | $1.56 | Expiration | $955.90 | 163.91% | |
| 2024-01-08 | $0.68 | $1.14 | Expiration | $450.80 | 68.59% | |
| 2024-01-16 | $0.27 | $0.00 | Expiration | $-282.40 | -100.00% | |
| 2024-01-22 | $0.27 | $1.03 | Expiration | $746.50 | 280.78% | |
| 2024-01-29 | $0.68 | $0.00 | Expiration | $-690.80 | -100.00% | |
| 2024-02-01 | $1.79 | $8.64 | Expiration | $6,841.50 | 383.90% | |
| 2024-02-05 | $0.69 | $0.00 | Expiration | $-701.30 | -100.00% | |
| 2024-02-12 | $0.73 | $0.00 | Expiration | $-747.40 | -100.00% | |
| 2024-02-14 | $0.33 | $1.02 | Expiration | $678.90 | 210.88% | |
| 2024-02-22 | $0.82 | $0.00 | Expiration | $-831.70 | -100.00% | |
| 2024-02-26 | $0.48 | $0.56 | Expiration | $68.60 | 17.06% | |
| 2024-03-04 | $0.65 | $0.00 | Expiration | $-660.80 | -100.00% | |
| 2024-03-06 | $0.43 | $7.00 | Expiration | $6,555.10 | 1,520.75% | |
| 2024-03-12 | $0.78 | $0.00 | Expiration | $-789.20 | -100.00% |