SPY 8DTE x5
Butterfly Spread • Jan 1, 2022 - Jan 7, 2026
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Butterfly Spread strategy on SPY from Jan 1, 2022 - Jan 7, 2026, placing 206 trades that stayed open for an average of 7 days. Despite winning only 48.54% of trades (100 vs 106), the winners were big enough to generate $46,130.50 in profits. On average, each position made $223.93. When annualized, that's a 53.7% return (CAGR), which suggests strong growth potential if maintained over time. The account experienced a 10.2% drawdown at its lowest point, which is moderate but manageable. The Sharpe ratio of 0.96 shows modest risk-adjusted performance. Notably, the strategy captured 84.8% 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 |
|---|---|---|---|---|---|---|
| 2022-01-10 | $0.83 | $0.00 | Expiration | $-432.95 | -100.00% | |
| 2022-01-18 | $0.05 | $0.16 | Stop Loss | $-71.25 | -195.24% | |
| 2022-01-20 | $0.12 | $0.00 | Expiration | $-80.35 | -100.00% | |
| 2022-01-28 | $0.17 | $2.00 | Expiration | $893.25 | 1,052.74% | |
| 2022-02-04 | $0.48 | $0.00 | Expiration | $-261.75 | -100.00% | |
| 2022-02-11 | $0.09 | $0.00 | Expiration | $-65.55 | -100.00% | |
| 2022-02-18 | $0.12 | $2.04 | Expiration | $941.50 | 1,643.59% | |
| 2022-02-25 | $0.28 | $0.00 | Expiration | $-161.65 | -100.00% | |
| 2022-03-04 | $0.02 | $0.09 | Stop Loss | $-55.50 | -338.10% | |
| 2022-03-07 | $0.05 | $0.14 | Stop Loss | $-67.70 | -210.13% | |
| 2022-03-09 | $0.01 | $3.00 | Expiration | $1,475.85 | 36,044.58% | |
| 2022-03-16 | $0.42 | $2.00 | Expiration | $772.20 | 381.23% | |
| 2022-03-23 | $0.52 | $2.00 | Expiration | $722.00 | 287.60% | |
| 2022-03-30 | $0.76 | $0.00 | Expiration | $-398.95 | -100.00% | |
| 2022-04-06 | $0.65 | $0.00 | Expiration | $-346.50 | -100.00% | |
| 2022-04-13 | $0.86 | $1.69 | Expiration | $392.90 | 95.56% | |
| 2022-04-20 | $0.73 | $0.00 | Expiration | $-385.40 | -100.00% | |
| 2022-04-27 | $0.01 | $0.08 | Stop Loss | $-52.20 | -447.22% | |
| 2022-04-28 | $0.17 | $0.43 | Expiration | $111.70 | 158.10% | |
| 2022-05-04 | $0.16 | $0.00 | Expiration | $-97.90 | -100.00% | |
| 2022-05-11 | $0.53 | $0.00 | Expiration | $-286.30 | -100.00% | |
| 2022-05-18 | $0.09 | $0.22 | Stop Loss | $-88.15 | -157.94% | |
| 2022-05-24 | $0.17 | $0.39 | Stop Loss | $-130.40 | -129.27% | |
| 2022-05-25 | $0.25 | $2.00 | Expiration | $857.45 | 715.99% | |
| 2022-06-01 | $0.31 | $0.00 | Expiration | $-176.75 | -100.00% | |
| 2022-06-08 | $0.32 | $0.00 | Expiration | $-180.35 | -100.00% | |
| 2022-06-15 | $0.14 | $0.00 | Expiration | $-91.55 | -100.00% | |
| 2022-06-22 | $0.22 | $3.00 | Expiration | $1,372.00 | 1,288.89% | |
| 2022-06-29 | $0.31 | $3.00 | Expiration | $1,322.85 | 854.50% | |
| 2022-07-06 | $0.70 | $0.00 | Expiration | $-367.90 | -100.00% | |
| 2022-07-13 | $0.28 | $2.00 | Expiration | $840.50 | 616.85% | |
| 2022-07-20 | $0.38 | $1.86 | Expiration | $721.85 | 394.29% | |
| 2022-07-27 | $0.51 | $2.00 | Expiration | $724.95 | 292.08% | |
| 2022-08-03 | $0.53 | $3.00 | Expiration | $1,215.55 | 467.21% | |
| 2022-08-10 | $0.72 | $1.98 | Expiration | $611.25 | 175.96% | |
| 2022-08-17 | $0.67 | $0.00 | Expiration | $-354.70 | -100.00% | |
| 2022-08-24 | $0.46 | $0.00 | Expiration | $-250.75 | -100.00% | |
| 2022-08-31 | $0.42 | $1.00 | Expiration | $268.40 | 136.29% | |
| 2022-09-07 | $0.40 | $0.00 | Expiration | $-221.95 | -100.00% | |
| 2022-09-14 | $0.05 | $0.00 | Expiration | $-42.60 | -100.00% | |
| 2022-09-21 | $0.11 | $0.00 | Expiration | $-76.65 | -100.00% | |
| 2022-09-28 | $0.15 | $2.73 | Expiration | $1,268.10 | 1,675.03% | |
| 2022-10-05 | $0.28 | $0.00 | Expiration | $-162.40 | -100.00% | |
| 2022-10-12 | $0.02 | $0.64 | Expiration | $288.20 | 2,611.86% | |
| 2022-10-19 | $0.26 | $2.00 | Expiration | $847.55 | 655.00% | |
| 2022-10-26 | $0.15 | $0.00 | Expiration | $-96.50 | -100.00% | |
| 2022-11-02 | $0.23 | $0.00 | Expiration | $-134.00 | -100.00% | |
| 2022-11-09 | $0.11 | $2.00 | Expiration | $927.20 | 1,793.94% | |
| 2022-11-16 | $0.52 | $3.00 | Expiration | $1,218.75 | 474.16% | |
| 2022-11-23 | $1.01 | $3.00 | Expiration | $976.75 | 198.06% |
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