Iron Condor
Iron Condor • Dec 10, 2019 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPY from Dec 10, 2019 - Dec 10, 2025, placing 1447 trades that stayed open for an average of 5 days. The results were impressive - winning 82.52% of the time (1194 wins vs 253 losses), which shows remarkable consistency. This translated to $634,134.59 in total profits. On average, each position made $438.24. When annualized, that's a 20.8% 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 22.97, the returns were excellent relative to the risk taken. The strategy managed to keep 56.2% 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 |
|---|---|---|---|---|---|---|
| 2019-12-10 | $0.64 | $0.05 | Early Exit | $224.36 | 92.15% | |
| 2019-12-11 | $0.35 | $0.05 | Early Exit | $109.52 | 85.71% | |
| 2019-12-12 | $0.33 | $0.05 | Early Exit | $103.56 | 85.07% | |
| 2020-01-03 | $0.18 | $0.05 | Early Exit | $41.40 | 72.14% | |
| 2020-01-21 | $0.23 | $0.05 | Early Exit | $62.52 | 78.48% | |
| 2020-01-27 | $1.32 | $1.70 | Stop Loss | $-162.09 | -28.80% | |
| 2020-01-24 | $0.45 | $0.05 | Early Exit | $151.56 | 89.01% | |
| 2020-01-30 | $0.56 | $0.76 | Stop Loss | $-86.87 | -33.85% | |
| 2020-01-28 | $1.08 | $0.05 | Early Exit | $400.88 | 95.36% | |
| 2020-01-29 | $0.78 | $0.05 | Early Exit | $282.72 | 93.61% | |
| 2020-02-03 | $0.89 | $1.16 | Stop Loss | $-119.34 | -30.62% | |
| 2020-02-04 | $0.79 | $1.04 | Stop Loss | $-109.29 | -31.34% | |
| 2020-01-31 | $1.49 | $0.05 | Early Exit | $565.88 | 96.65% | |
| 2020-02-05 | $0.51 | $0.05 | Early Exit | $175.48 | 90.29% | |
| 2020-02-07 | $0.25 | $0.05 | Early Exit | $69.48 | 79.98% | |
| 2020-02-10 | $0.22 | $0.32 | Stop Loss | $-52.00 | -48.15% | |
| 2020-02-18 | $0.44 | $0.05 | Early Exit | $146.16 | 88.67% | |
| 2020-02-20 | $0.23 | $0.05 | Early Exit | $63.40 | 78.68% | |
| 2020-02-26 | $4.44 | $5.60 | Stop Loss | $-474.44 | -26.13% | |
| 2020-02-21 | $0.63 | $0.05 | Early Exit | $219.68 | 92.00% | |
| 2020-02-25 | $5.51 | $6.94 | Stop Loss | $-581.51 | -25.91% | |
| 2020-02-27 | $7.28 | $9.15 | Stop Loss | $-758.45 | -25.69% | |
| 2020-02-24 | $3.28 | $0.05 | Early Exit | $1,282.60 | 98.48% | |
| 2020-03-04 | $4.74 | $5.98 | Stop Loss | $-504.83 | -26.05% | |
| 2020-02-28 | $13.15 | $5.27 | Early Exit | $3,140.76 | 59.90% | |
| 2020-03-02 | $6.20 | $0.05 | Early Exit | $2,448.96 | 99.19% | |
| 2020-03-03 | $8.15 | $10.23 | Stop Loss | $-844.92 | -25.61% | |
| 2020-03-05 | $8.75 | $10.98 | Stop Loss | $-904.99 | -25.57% | |
| 2020-03-09 | $12.64 | $15.85 | Stop Loss | $-1,294.15 | -25.40% | |
| 2020-03-10 | $9.73 | $12.21 | Stop Loss | $-1,003.18 | -25.51% | |
| 2020-03-11 | $14.31 | $17.93 | Stop Loss | $-1,460.97 | -25.35% | |
| 2020-03-06 | $8.80 | $0.05 | Early Exit | $3,487.72 | 99.43% | |
| 2020-03-12 | $20.38 | $11.77 | Early Exit | $3,431.24 | 42.22% | |
| 2020-03-13 | $14.75 | $18.48 | Stop Loss | $-1,505.19 | -25.34% | |
| 2020-03-16 | $20.84 | $12.44 | Early Exit | $3,347.76 | 40.29% | |
| 2020-03-17 | $19.08 | $8.29 | Early Exit | $4,304.40 | 56.53% | |
| 2020-03-18 | $19.77 | $11.88 | Early Exit | $3,148.44 | 39.94% | |
| 2020-03-19 | $16.66 | $8.47 | Early Exit | $3,266.76 | 49.17% | |
| 2020-03-23 | $14.55 | $18.24 | Stop Loss | $-1,485.24 | -25.34% | |
| 2020-03-20 | $15.07 | $18.89 | Stop Loss | $-1,537.47 | -25.33% | |
| 2020-03-24 | $15.48 | $19.40 | Stop Loss | $-1,578.71 | -25.32% | |
| 2020-03-25 | $15.54 | $7.48 | Early Exit | $3,212.32 | 51.85% | |
| 2020-03-26 | $13.93 | $5.30 | Early Exit | $3,440.00 | 61.93% | |
| 2020-03-27 | $13.68 | $1.72 | Early Exit | $4,773.08 | 87.43% | |
| 2020-03-30 | $10.79 | $2.57 | Early Exit | $3,277.24 | 76.18% | |
| 2020-03-31 | $9.94 | $5.41 | Early Exit | $1,803.04 | 45.61% | |
| 2020-04-01 | $10.31 | $0.05 | Early Exit | $4,094.04 | 99.52% | |
| 2020-04-02 | $7.36 | $0.05 | Early Exit | $2,912.52 | 99.32% | |
| 2020-04-03 | $7.23 | $9.08 | Stop Loss | $-753.18 | -25.69% | |
| 2020-04-06 | $6.10 | $7.67 | Stop Loss | $-640.16 | -25.82% |