Short Straddle
Short Straddle • Jan 1, 2022 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Short Straddle strategy on SPX from Jan 1, 2022 - Dec 10, 2025, placing 987 trades that stayed open for an average of 2 days. The results were impressive - winning 99.19% of the time (979 wins vs 8 losses), which shows remarkable consistency. This translated to $24,111,107.30 in total profits. On average, each position made $24,428.68. When annualized, that's a 302.8% return (CAGR), which suggests strong growth potential if maintained over time. Impressively, the maximum drawdown was only 1.7%, showing excellent risk control. With a Sharpe ratio of 61.91, the returns were excellent relative to the risk taken. Notably, the strategy captured 96.6% 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 |
|---|---|---|---|---|---|---|
| 2022-01-03 | $20.73 | $0.00 | Expiration | $20,708.40 | 100.00% | |
| 2022-01-04 | $18.19 | $0.00 | Expiration | $18,161.70 | 100.00% | |
| 2022-01-05 | $29.00 | $0.00 | Expiration | $28,975.30 | 100.00% | |
| 2022-01-06 | $15.03 | $0.00 | Expiration | $15,008.10 | 100.00% | |
| 2022-01-07 | $17.78 | $0.00 | Expiration | $17,754.20 | 100.00% | |
| 2022-01-10 | $47.10 | $0.00 | Expiration | $47,070.60 | 100.00% | |
| 2022-01-11 | $19.15 | $0.00 | Expiration | $19,126.70 | 100.00% | |
| 2022-01-12 | $15.31 | $0.00 | Expiration | $15,286.00 | 100.00% | |
| 2022-01-13 | $14.57 | $0.00 | Expiration | $14,539.80 | 100.00% | |
| 2022-01-14 | $29.94 | $0.00 | Expiration | $29,912.90 | 100.00% | |
| 2022-01-18 | $32.54 | $0.00 | Expiration | $32,515.20 | 100.00% | |
| 2022-01-19 | $19.11 | $0.00 | Expiration | $19,088.90 | 100.00% | |
| 2022-01-20 | $18.29 | $0.00 | Expiration | $18,259.40 | 100.00% | |
| 2022-01-21 | $21.65 | $0.00 | Expiration | $21,627.00 | 100.00% | |
| 2022-01-24 | $29.23 | $0.00 | Expiration | $29,200.40 | 100.00% | |
| 2022-01-25 | $29.89 | $0.00 | Expiration | $29,867.50 | 100.00% | |
| 2022-01-26 | $38.21 | $0.00 | Expiration | $38,187.30 | 100.00% | |
| 2022-01-27 | $19.88 | $0.00 | Expiration | $19,854.70 | 100.00% | |
| 2022-01-28 | $20.95 | $0.00 | Expiration | $20,920.70 | 100.00% | |
| 2022-01-31 | $32.21 | $0.00 | Expiration | $32,185.80 | 100.00% | |
| 2022-02-01 | $33.42 | $0.00 | Expiration | $33,393.40 | 100.00% | |
| 2022-02-02 | $16.80 | $0.00 | Expiration | $16,778.10 | 100.00% | |
| 2022-02-03 | $26.66 | $0.00 | Expiration | $26,629.50 | 100.00% | |
| 2022-02-04 | $21.72 | $0.00 | Expiration | $21,694.50 | 100.00% | |
| 2022-02-07 | $31.05 | $0.00 | Expiration | $31,023.40 | 100.00% | |
| 2022-02-08 | $29.57 | $0.00 | Expiration | $29,539.50 | 100.00% | |
| 2022-02-09 | $27.44 | $0.00 | Expiration | $27,414.30 | 100.00% | |
| 2022-02-10 | $42.12 | $0.00 | Expiration | $42,093.40 | 100.00% | |
| 2022-02-11 | $24.08 | $0.00 | Expiration | $24,051.70 | 100.00% | |
| 2022-02-14 | $27.91 | $0.00 | Expiration | $27,883.40 | 100.00% | |
| 2022-02-15 | $40.31 | $0.00 | Expiration | $40,287.10 | 100.00% | |
| 2022-02-16 | $19.05 | $0.00 | Expiration | $19,026.10 | 100.00% | |
| 2022-02-17 | $61.53 | $0.00 | Expiration | $61,508.80 | 100.00% | |
| 2022-02-18 | $55.57 | $0.00 | Expiration | $55,541.20 | 100.00% | |
| 2022-02-22 | $22.90 | $0.00 | Expiration | $22,871.50 | 100.00% | |
| 2022-02-23 | $44.34 | $0.00 | Expiration | $44,310.70 | 100.00% | |
| 2022-02-24 | $19.62 | $0.00 | Expiration | $19,594.00 | 100.00% | |
| 2022-02-25 | $30.67 | $0.00 | Expiration | $30,644.90 | 100.00% | |
| 2022-02-28 | $16.80 | $0.00 | Expiration | $16,778.10 | 100.00% | |
| 2022-03-01 | $20.80 | $0.00 | Expiration | $20,776.20 | 100.00% | |
| 2022-03-02 | $33.65 | $0.00 | Expiration | $33,621.50 | 100.00% | |
| 2022-03-03 | $70.59 | $0.00 | Expiration | $70,564.30 | 100.00% | |
| 2022-03-04 | $23.19 | $0.00 | Expiration | $23,159.60 | 100.00% | |
| 2022-03-07 | $38.78 | $0.00 | Expiration | $38,749.80 | 100.00% | |
| 2022-03-08 | $23.93 | $0.00 | Expiration | $23,908.40 | 100.00% | |
| 2022-03-09 | $26.23 | $0.00 | Expiration | $26,207.30 | 100.00% | |
| 2022-03-10 | $48.28 | $0.00 | Expiration | $48,256.40 | 100.00% | |
| 2022-03-11 | $41.49 | $0.00 | Expiration | $41,464.80 | 100.00% | |
| 2022-03-14 | $30.48 | $0.00 | Expiration | $30,454.80 | 100.00% | |
| 2022-03-15 | $38.74 | $32.53 | Expiration | $6,188.50 | 16.04% |