Iron Condor
Iron Condor • Dec 10, 2020 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPY from Dec 10, 2020 - Dec 10, 2025, placing 849 trades that stayed open for an average of 5 days. The results were impressive - winning 84.81% of the time (720 wins vs 129 losses), which shows remarkable consistency. This translated to $1,226,078.87 in total profits. On average, each position made $1,444.14. When annualized, that's a 67.7% return (CAGR), which suggests strong growth potential if maintained over time. Impressively, the maximum drawdown was only 2.0%, showing excellent risk control. With a Sharpe ratio of 12.61, the returns were excellent relative to the risk taken. The strategy managed to keep 52.6% 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 |
|---|---|---|---|---|---|---|
| 2020-12-10 | $4.13 | $0.05 | Early Exit | $2,014.10 | 98.79% | |
| 2020-12-11 | $5.07 | $0.05 | Early Exit | $2,482.25 | 99.01% | |
| 2020-12-15 | $4.71 | $1.85 | Expiration | $1,403.20 | 60.71% | |
| 2020-12-16 | $4.14 | $2.85 | Expiration | $619.60 | 31.18% | |
| 2020-12-17 | $4.00 | $0.05 | Early Exit | $1,948.90 | 98.75% | |
| 2020-12-18 | $4.22 | $0.05 | Early Exit | $2,058.80 | 98.82% | |
| 2020-12-30 | $5.05 | $0.05 | Early Exit | $2,472.45 | 99.01% | |
| 2020-12-31 | $4.15 | $0.05 | Early Exit | $2,025.65 | 98.80% | |
| 2021-01-05 | $5.23 | $6.85 | Stop Loss | $-836.16 | -30.96% | |
| 2021-01-06 | $5.89 | $0.05 | Early Exit | $2,895.60 | 99.15% | |
| 2021-01-07 | $4.30 | $0.05 | Early Exit | $2,101.40 | 98.84% | |
| 2021-01-08 | $4.76 | $0.05 | Early Exit | $2,330.75 | 98.95% | |
| 2021-01-12 | $4.84 | $4.17 | Take Profit | $312.29 | 13.97% | |
| 2021-01-14 | $4.02 | $0.05 | Early Exit | $1,960.45 | 98.76% | |
| 2021-01-19 | $4.73 | $6.20 | Stop Loss | $-761.10 | -31.06% | |
| 2021-01-20 | $4.67 | $0.05 | Early Exit | $2,285.70 | 98.93% | |
| 2021-01-26 | $4.16 | $5.46 | Stop Loss | $-675.38 | -31.20% | |
| 2021-01-27 | $6.97 | $5.97 | Take Profit | $471.41 | 14.28% | |
| 2021-01-28 | $5.58 | $0.05 | Early Exit | $2,739.10 | 99.10% | |
| 2021-01-29 | $7.34 | $0.05 | Early Exit | $3,620.30 | 99.32% | |
| 2021-02-02 | $4.59 | $6.65 | Expiration | $-1,057.10 | -44.95% | |
| 2021-02-03 | $4.96 | $0.05 | Early Exit | $2,427.85 | 98.99% | |
| 2021-02-04 | $4.24 | $0.05 | Early Exit | $2,070.50 | 98.82% | |
| 2021-02-05 | $4.14 | $0.05 | Early Exit | $2,020.05 | 98.79% | |
| 2021-02-09 | $4.28 | $0.05 | Early Exit | $2,090.20 | 98.83% | |
| 2021-02-10 | $4.07 | $0.05 | Early Exit | $1,982.40 | 98.77% | |
| 2021-02-11 | $4.33 | $0.05 | Early Exit | $2,114.20 | 98.85% | |
| 2021-02-12 | $4.06 | $0.05 | Early Exit | $1,976.95 | 98.77% | |
| 2021-02-16 | $4.38 | $5.23 | Expiration | $-449.90 | -19.35% | |
| 2021-02-18 | $4.03 | $0.05 | Early Exit | $1,965.55 | 98.76% | |
| 2021-02-19 | $4.40 | $3.79 | Take Profit | $278.83 | 13.86% | |
| 2021-02-23 | $4.48 | $0.71 | Expiration | $1,857.15 | 84.14% | |
| 2021-02-24 | $4.78 | $0.05 | Early Exit | $2,340.50 | 98.95% | |
| 2021-02-25 | $6.89 | $0.05 | Early Exit | $3,392.15 | 99.27% | |
| 2021-02-26 | $6.00 | $5.15 | Take Profit | $399.16 | 14.17% | |
| 2021-03-03 | $5.30 | $4.55 | Take Profit | $346.17 | 14.06% | |
| 2021-03-02 | $5.46 | $4.29 | Expiration | $556.50 | 21.36% | |
| 2021-03-04 | $6.48 | $0.05 | Early Exit | $3,187.45 | 99.23% | |
| 2021-03-05 | $5.11 | $4.40 | Take Profit | $332.55 | 14.02% | |
| 2021-03-09 | $5.54 | $7.39 | Expiration | $-952.95 | -33.49% | |
| 2021-03-10 | $4.70 | $5.39 | Expiration | $-371.55 | -14.71% | |
| 2021-03-11 | $5.03 | $4.32 | Take Profit | $326.13 | 14.01% | |
| 2021-03-12 | $5.36 | $0.05 | Early Exit | $2,626.75 | 99.07% | |
| 2021-03-18 | $4.91 | $4.22 | Take Profit | $316.96 | 13.98% | |
| 2021-03-16 | $4.74 | $3.33 | Expiration | $680.80 | 29.80% | |
| 2021-03-17 | $4.74 | $0.05 | Early Exit | $2,318.05 | 98.94% | |
| 2021-03-19 | $4.81 | $0.05 | Early Exit | $2,354.95 | 98.96% | |
| 2021-03-23 | $4.80 | $4.13 | Take Profit | $308.99 | 13.96% | |
| 2021-03-25 | $4.31 | $5.65 | Stop Loss | $-697.71 | -31.16% | |
| 2021-03-26 | $3.73 | $0.05 | Early Exit | $1,813.60 | 98.66% |