Iron Condor
Iron Condor • May 10, 2021 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPX from May 10, 2021 - Dec 10, 2025, placing 296 trades that stayed open for an average of 28 days. With a solid 62.16% win rate (184 winners and 112 losers), the strategy proved reliable. This translated to $738,223.40 in total profits. On average, each position made $2,494.00. When annualized, that's a 59.0% return (CAGR), which suggests strong growth potential if maintained over time. The journey was quite volatile though - at its worst, the account was down 94.2%, which would require strong conviction to ride out. The Sharpe ratio of 0.06 shows modest risk-adjusted performance. Overall, this is a viable strategy that could be improved with some fine-tuning.
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Trade Log
| Date | Entry | Exit | Exit Reason | P&L | Return | Action |
|---|---|---|---|---|---|---|
| 2021-05-14 | $22.89 | $11.50 | Take Profit | $11,343.10 | 49.78% | |
| 2021-05-10 | $51.53 | $25.81 | Take Profit | $25,660.55 | 49.90% | |
| 2021-05-28 | $22.39 | $11.25 | Take Profit | $11,094.90 | 49.78% | |
| 2021-06-02 | $7.26 | $3.68 | Take Profit | $3,526.40 | 49.31% | |
| 2021-06-17 | $5.29 | $7.88 | Take Profit | $2,542.30 | 49.05% | |
| 2021-05-11 | $8.72 | $0.00 | Expiration | $-8,769.30 | -100.00% | |
| 2021-05-12 | $78.41 | $60.00 | Expiration | $18,360.20 | 23.48% | |
| 2021-05-13 | $61.14 | $99.95 | Expiration | $-38,864.80 | -63.48% | |
| 2021-06-25 | $23.31 | $11.71 | Take Profit | $11,554.55 | 49.79% | |
| 2021-06-18 | $19.39 | $25.00 | Expiration | $5,557.90 | 28.93% | |
| 2021-06-24 | $8.83 | $0.00 | Expiration | $-8,883.90 | -100.00% | |
| 2021-06-28 | $50.17 | $135.00 | Expiration | $-84,885.00 | -169.10% | |
| 2021-06-29 | $33.10 | $70.00 | Expiration | $-36,949.50 | -111.46% | |
| 2021-07-30 | $57.03 | $28.56 | Take Profit | $28,412.90 | 49.91% | |
| 2021-07-12 | $58.70 | $50.34 | Expiration | $8,309.00 | 14.24% | |
| 2021-08-16 | $41.40 | $20.75 | Take Profit | $20,595.80 | 49.88% | |
| 2021-08-06 | $8.24 | $0.00 | Expiration | $-8,292.90 | -100.00% | |
| 2021-09-17 | $14.20 | $7.15 | Take Profit | $6,999.40 | 49.65% | |
| 2021-08-26 | $28.86 | $14.48 | Take Profit | $14,326.50 | 49.83% | |
| 2021-08-13 | $76.53 | $0.00 | Expiration | $76,476.90 | 100.00% | |
| 2021-08-27 | $37.70 | $18.90 | Take Profit | $18,750.25 | 49.87% | |
| 2021-09-23 | $53.40 | $26.75 | Take Profit | $26,595.70 | 49.91% | |
| 2021-09-27 | $41.34 | $82.72 | Stop Loss | $-41,437.60 | -100.12% | |
| 2021-10-01 | $11.92 | $17.82 | Take Profit | $5,855.60 | 49.58% | |
| 2021-09-20 | $93.87 | $46.98 | Take Profit | $46,830.60 | 49.95% | |
| 2021-09-24 | $50.10 | $25.10 | Take Profit | $24,949.70 | 49.90% | |
| 2021-09-16 | $38.83 | $19.46 | Take Profit | $19,310.55 | 49.87% | |
| 2021-10-14 | $18.30 | $9.20 | Take Profit | $9,047.30 | 49.73% | |
| 2021-09-30 | $55.60 | $60.00 | Expiration | $-4,452.40 | -7.91% | |
| 2021-10-04 | $46.52 | $70.00 | Expiration | $-23,527.60 | -50.46% | |
| 2021-10-13 | $49.88 | $25.00 | Expiration | $24,831.10 | 49.88% | |
| 2021-11-19 | $9.78 | $4.94 | Take Profit | $4,786.45 | 49.49% | |
| 2021-11-29 | $0.62 | $0.88 | Take Profit | $209.30 | 41.97% | |
| 2021-10-19 | $29.30 | $0.00 | Expiration | $29,245.70 | 100.00% | |
| 2021-10-20 | $63.65 | $0.00 | Expiration | $63,602.50 | 100.00% | |
| 2021-11-12 | $42.99 | $21.54 | Take Profit | $21,391.55 | 49.88% | |
| 2021-12-13 | $5.73 | $2.91 | Take Profit | $2,762.40 | 49.13% | |
| 2021-11-26 | $143.80 | $60.41 | Expiration | $83,338.80 | 57.99% | |
| 2021-12-14 | $7.46 | $3.78 | Take Profit | $3,625.65 | 49.33% | |
| 2022-01-10 | $13.63 | $27.30 | Stop Loss | $-13,728.10 | -100.37% | |
| 2021-11-30 | $19.58 | $0.00 | Expiration | $-19,633.60 | -100.00% | |
| 2021-12-03 | $82.63 | $0.00 | Expiration | $82,582.10 | 100.00% | |
| 2021-12-06 | $73.09 | $0.00 | Expiration | $73,037.00 | 100.00% | |
| 2022-01-07 | $49.10 | $98.25 | Stop Loss | $-49,201.40 | -100.10% | |
| 2022-01-11 | $46.77 | $93.60 | Stop Loss | $-46,876.10 | -100.11% | |
| 2022-01-18 | $59.93 | $30.01 | Take Profit | $29,861.10 | 49.92% | |
| 2022-01-25 | $65.07 | $32.59 | Take Profit | $32,435.10 | 49.92% | |
| 2022-01-21 | $58.42 | $29.26 | Take Profit | $29,108.25 | 49.91% | |
| 2022-01-24 | $49.15 | $24.63 | Take Profit | $24,475.05 | 49.90% | |
| 2022-01-14 | $56.77 | $105.00 | Expiration | $-48,286.90 | -84.97% |
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