Long Butterfly Spread 60 gg NO SL NO TP
Butterfly Spread • Jan 1, 2018 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Butterfly Spread strategy on SPY from Jan 1, 2018 - Dec 10, 2025, placing 76 trades that stayed open for an average of 30 days. With a solid 52.63% win rate (40 winners and 36 losers), the strategy proved reliable. This translated to $16,935.75 in total profits. On average, each position made $222.84. Annualized, that's a 2.0% return (CAGR) - modest but positive. Impressively, the maximum drawdown was only 7.6%, showing excellent risk control. The Sharpe ratio of 0.22 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 |
|---|---|---|---|---|---|---|
| 2018-02-05 | $4.91 | $0.05 | Days In Trade | $-490.05 | -98.98% | |
| 2018-03-05 | $7.33 | $0.05 | Days In Trade | $724.25 | 99.32% | |
| 2018-04-09 | $3.37 | $6.30 | Days In Trade | $288.53 | 86.74% | |
| 2018-05-14 | $8.65 | $2.92 | Days In Trade | $-576.87 | -66.22% | |
| 2018-06-18 | $9.77 | $0.05 | Days In Trade | $968.37 | 99.49% | |
| 2018-07-23 | $8.02 | $0.05 | Days In Trade | $792.67 | 99.38% | |
| 2018-08-27 | $8.08 | $0.05 | Days In Trade | $798.63 | 99.38% | |
| 2018-10-01 | $8.90 | $0.05 | Days In Trade | $881.52 | 99.44% | |
| 2018-11-05 | $1.31 | $0.05 | Days In Trade | $-129.55 | -96.17% | |
| 2018-12-10 | $4.92 | $1.93 | Days In Trade | $-302.62 | -60.72% | |
| 2019-01-14 | $7.60 | $0.16 | Days In Trade | $-747.33 | -97.86% | |
| 2019-03-18 | $2.10 | $4.24 | Days In Trade | $-218.49 | -102.31% | |
| 2019-04-22 | $4.16 | $4.48 | Days In Trade | $28.65 | 7.83% | |
| 2019-07-01 | $3.52 | $0.05 | Days In Trade | $343.21 | 98.58% | |
| 2019-08-05 | $0.08 | $8.69 | Days In Trade | $857.16 | 10,226.37% | |
| 2019-09-09 | $7.88 | $6.79 | Days In Trade | $-112.89 | -13.83% | |
| 2019-10-14 | $2.62 | $3.20 | Days In Trade | $54.19 | 22.20% | |
| 2019-11-18 | $4.41 | $0.42 | Days In Trade | $-402.69 | -90.41% | |
| 2019-12-23 | $12.58 | $0.05 | Days In Trade | $1,248.64 | 99.60% | |
| 2020-01-27 | $5.15 | $13.91 | Days In Trade | $871.41 | 169.90% | |
| 2020-03-02 | $0.16 | $0.05 | Days In Trade | $-14.97 | -68.89% | |
| 2020-04-06 | $13.82 | $0.05 | Days In Trade | $1,372.97 | 99.64% | |
| 2020-05-11 | $10.18 | $1.09 | Days In Trade | $-913.38 | -89.33% | |
| 2020-06-15 | $1.60 | $12.78 | Days In Trade | $-1,121.26 | -697.52% | |
| 2020-07-20 | $11.12 | $1.87 | Days In Trade | $-928.96 | -83.16% | |
| 2020-08-24 | $1.80 | $0.05 | Days In Trade | $171.16 | 97.22% | |
| 2020-09-28 | $31.17 | $0.05 | Days In Trade | $3,108.33 | 99.84% | |
| 2020-11-02 | $6.50 | $0.05 | Days In Trade | $640.85 | 99.23% | |
| 2020-12-07 | $9.37 | $0.05 | Days In Trade | $928.49 | 99.47% | |
| 2021-01-11 | $3.60 | $5.89 | Days In Trade | $225.78 | 63.84% | |
| 2021-03-15 | $4.06 | $11.15 | Days In Trade | $-713.10 | -174.69% | |
| 2021-04-19 | $0.97 | $2.54 | Days In Trade | $153.67 | 163.05% | |
| 2021-05-24 | $0.60 | $12.10 | Days In Trade | $1,146.07 | 1,902.35% | |
| 2021-06-28 | $6.34 | $1.12 | Days In Trade | $-525.47 | -82.27% | |
| 2021-08-02 | $0.73 | $7.49 | Days In Trade | $671.85 | 924.29% | |
| 2021-10-11 | $14.24 | $15.34 | Days In Trade | $-114.14 | -7.74% | |
| 2021-11-15 | $10.01 | $3.92 | Days In Trade | $-612.27 | -60.79% | |
| 2021-12-20 | $0.84 | $13.04 | Days In Trade | $-1,224.38 | -1,456.59% | |
| 2022-01-24 | $25.95 | $0.05 | Days In Trade | $2,585.84 | 99.81% | |
| 2022-02-28 | $21.36 | $0.05 | Days In Trade | $2,126.96 | 99.77% | |
| 2022-03-28 | $6.66 | $0.05 | Days In Trade | $-664.68 | -99.25% | |
| 2022-05-02 | $7.64 | $10.57 | Days In Trade | $289.02 | 38.33% | |
| 2022-06-06 | $3.09 | $0.05 | Days In Trade | $299.81 | 98.38% | |
| 2022-07-11 | $31.44 | $31.21 | Days In Trade | $19.26 | 0.74% | |
| 2022-08-15 | $11.71 | $37.08 | Days In Trade | $2,533.16 | 216.59% | |
| 2022-09-19 | $3.04 | $8.48 | Days In Trade | $539.89 | 178.89% | |
| 2022-10-24 | $43.01 | $0.05 | Days In Trade | $4,292.26 | 99.88% | |
| 2022-11-28 | $2.20 | $0.05 | Days In Trade | $211.26 | 97.73% | |
| 2023-02-06 | $13.93 | $14.88 | Days In Trade | $91.58 | 6.86% | |
| 2023-03-06 | $1.99 | $12.78 | Days In Trade | $-1,082.36 | -540.83% |