Credit Put Spread
Credit Put Spread • Dec 10, 2024 - May 10, 2026
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Credit Put Spread strategy on QQQ from Dec 10, 2024 - May 10, 2026, placing 225 trades that stayed open for an average of 3 days. The results were impressive - winning 76% of the time (171 wins vs 54 losses), which shows remarkable consistency. This translated to $273,750.04 in total profits. On average, each position made $1,216.67. When annualized, that's a 967.7% return (CAGR), which suggests strong growth potential if maintained over time. The journey was quite volatile though - at its worst, the account was down 48.5%, which would require strong conviction to ride out. With a Sharpe ratio of 5.39, the returns were excellent relative to the risk taken. 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 |
|---|---|---|---|---|---|---|
| 2024-12-11 | $0.38 | $0.30 | Take Profit | $441.09 | 22.37% | |
| 2024-12-12 | $0.57 | $0.44 | Take Profit | $452.46 | 23.26% | |
| 2024-12-10 | $0.41 | $0.00 | Expiration | $1,997.24 | 100.00% | |
| 2024-12-13 | $0.26 | $0.20 | Take Profit | $455.81 | 21.10% | |
| 2024-12-16 | $0.55 | $0.83 | Stop Loss | $-1,336.46 | -50.83% | |
| 2024-12-17 | $1.20 | $1.79 | Stop Loss | $-1,312.60 | -49.84% | |
| 2024-12-18 | $0.63 | $0.00 | Expiration | $2,082.30 | 100.00% | |
| 2024-12-19 | $0.69 | $0.00 | Expiration | $2,075.40 | 100.00% | |
| 2024-12-20 | $0.44 | $0.00 | Expiration | $2,118.72 | 100.00% | |
| 2024-12-26 | $0.36 | $0.55 | Stop Loss | $-1,757.76 | -51.77% | |
| 2024-12-30 | $0.88 | $1.31 | Stop Loss | $-1,493.78 | -50.14% | |
| 2024-12-31 | $0.98 | $0.01 | Expiration | $2,627.91 | 98.98% | |
| 2025-01-02 | $0.69 | $0.00 | Expiration | $2,679.30 | 100.00% | |
| 2025-01-07 | $0.71 | $0.55 | Take Profit | $755.89 | 23.60% | |
| 2025-01-08 | $0.88 | $1.32 | Stop Loss | $-1,980.36 | -50.14% | |
| 2025-01-10 | $0.74 | $0.00 | Expiration | $3,551.04 | 100.00% | |
| 2025-01-13 | $0.89 | $0.00 | Expiration | $3,547.20 | 100.00% | |
| 2025-01-14 | $0.77 | $0.00 | Expiration | $3,540.62 | 100.00% | |
| 2025-01-15 | $0.49 | $0.00 | Expiration | $3,544.56 | 100.00% | |
| 2025-01-16 | $0.57 | $0.00 | Expiration | $4,237.24 | 100.00% | |
| 2025-01-17 | $0.58 | $0.00 | Expiration | $4,952.95 | 100.00% | |
| 2025-01-21 | $0.46 | $0.00 | Expiration | $4,551.00 | 100.00% | |
| 2025-01-22 | $1.08 | $1.61 | Stop Loss | $-3,599.23 | -49.93% | |
| 2025-01-23 | $1.00 | $1.51 | Stop Loss | $-4,116.94 | -50.00% | |
| 2025-01-24 | $0.63 | $0.95 | Stop Loss | $-3,192.47 | -50.59% | |
| 2025-01-27 | $0.90 | $0.69 | Take Profit | $1,659.54 | 23.89% | |
| 2025-01-29 | $0.65 | $0.50 | Take Profit | $1,528.25 | 23.47% | |
| 2025-01-28 | $0.73 | $0.00 | Expiration | $7,227.99 | 100.00% | |
| 2025-01-30 | $2.23 | $1.69 | Take Profit | $1,863.12 | 24.55% | |
| 2025-01-31 | $0.90 | $0.69 | Take Profit | $1,810.41 | 23.89% | |
| 2025-02-03 | $0.93 | $0.71 | Take Profit | $2,146.37 | 23.92% | |
| 2025-02-04 | $0.83 | $0.63 | Take Profit | $1,967.75 | 23.79% | |
| 2025-02-05 | $0.69 | $0.53 | Take Profit | $1,628.25 | 23.56% | |
| 2025-02-06 | $1.17 | $1.75 | Stop Loss | $-5,430.23 | -49.85% | |
| 2025-02-10 | $0.69 | $0.53 | Take Profit | $1,628.25 | 23.56% | |
| 2025-02-11 | $0.77 | $0.59 | Take Profit | $1,817.50 | 23.70% | |
| 2025-02-07 | $0.68 | $0.00 | Expiration | $6,754.00 | 100.00% | |
| 2025-02-12 | $0.53 | $0.41 | Take Profit | $1,225.00 | 23.12% | |
| 2025-02-13 | $0.58 | $0.44 | Take Profit | $1,341.50 | 23.27% | |
| 2025-02-18 | $1.09 | $0.82 | Take Profit | $2,608.75 | 24.08% | |
| 2025-02-14 | $0.35 | $0.00 | Expiration | $3,448.00 | 100.00% | |
| 2025-02-19 | $0.35 | $0.54 | Stop Loss | $-1,832.72 | -51.83% | |
| 2025-02-20 | $0.91 | $1.37 | Stop Loss | $-4,570.35 | -50.10% | |
| 2025-02-21 | $0.96 | $1.44 | Stop Loss | $-4,794.28 | -50.04% | |
| 2025-02-24 | $1.26 | $1.88 | Stop Loss | $-6,131.31 | -49.80% | |
| 2025-02-25 | $1.14 | $1.70 | Stop Loss | $-5,044.04 | -49.88% | |
| 2025-02-26 | $1.31 | $1.96 | Stop Loss | $-5,024.22 | -49.76% | |
| 2025-02-27 | $1.11 | $0.84 | Take Profit | $1,954.21 | 24.10% | |
| 2025-02-28 | $0.56 | $0.84 | Stop Loss | $-2,829.87 | -50.80% | |
| 2025-03-03 | $1.34 | $1.02 | Take Profit | $1,920.60 | 24.26% |