SPX 7DTE Max $700
Butterfly Spread • Jan 1, 2022 - Jan 7, 2026
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Butterfly Spread strategy on SPX from Jan 1, 2022 - Jan 7, 2026, placing 160 trades that stayed open for an average of 6 days. Despite winning only 47.5% of trades (76 vs 84), the winners were big enough to generate $91,003.12 in profits. On average, each position made $568.77. When annualized, that's a 77.9% return (CAGR), which suggests strong growth potential if maintained over time. The account experienced a 10.1% drawdown at its lowest point, which is moderate but manageable. The Sharpe ratio of 0.97 shows modest risk-adjusted performance. Notably, the strategy captured 191.3% 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 |
|---|---|---|---|---|---|---|
| 2022-01-24 | $2.89 | $5.83 | Stop Loss | $-298.02 | -101.73% | |
| 2022-01-28 | $2.14 | $20.00 | Expiration | $1,781.86 | 833.97% | |
| 2022-02-07 | $3.05 | $0.00 | Expiration | $-308.78 | -100.00% | |
| 2022-02-14 | $1.50 | $0.00 | Expiration | $-154.31 | -100.00% | |
| 2022-02-18 | $0.42 | $0.89 | Stop Loss | $-51.16 | -111.86% | |
| 2022-02-22 | $0.12 | $0.28 | Stop Loss | $-20.54 | -143.33% | |
| 2022-02-23 | $1.14 | $2.34 | Stop Loss | $-123.45 | -104.37% | |
| 2022-02-24 | $0.53 | $20.00 | Expiration | $1,943.36 | 3,699.39% | |
| 2022-03-02 | $0.19 | $0.42 | Stop Loss | $-27.55 | -126.95% | |
| 2022-03-03 | $0.20 | $0.45 | Stop Loss | $-29.05 | -124.94% | |
| 2022-03-04 | $1.86 | $3.77 | Stop Loss | $-195.07 | -102.69% | |
| 2022-03-09 | $1.96 | $3.98 | Stop Loss | $-205.25 | -102.55% | |
| 2022-03-15 | $0.01 | $0.07 | Stop Loss | $-10.20 | -516.67% | |
| 2022-03-16 | $4.25 | $18.62 | Expiration | $1,433.47 | 338.60% | |
| 2022-03-21 | $2.44 | $20.00 | Expiration | $1,752.20 | 720.34% | |
| 2022-04-11 | $4.02 | $0.00 | Expiration | $-406.33 | -100.00% | |
| 2022-04-18 | $3.39 | $0.00 | Expiration | $-343.15 | -100.00% | |
| 2022-04-25 | $0.07 | $0.19 | Stop Loss | $-15.85 | -172.99% | |
| 2022-04-26 | $1.00 | $2.05 | Stop Loss | $-108.94 | -105.00% | |
| 2022-04-28 | $0.23 | $0.51 | Stop Loss | $-32.02 | -121.72% | |
| 2022-04-29 | $0.58 | $1.21 | Stop Loss | $-67.16 | -108.60% | |
| 2022-05-02 | $2.16 | $4.36 | Stop Loss | $-224.66 | -102.32% | |
| 2022-05-04 | $1.86 | $0.00 | Expiration | $181.83 | 100.00% | |
| 2022-05-10 | $1.65 | $3.36 | Stop Loss | $-174.32 | -103.02% | |
| 2022-05-13 | $1.81 | $0.00 | Expiration | $177.41 | 100.00% | |
| 2022-05-19 | $0.36 | $24.09 | Expiration | $2,369.22 | 6,632.81% | |
| 2022-05-25 | $1.66 | $20.00 | Expiration | $1,829.68 | 1,102.50% | |
| 2022-05-31 | $2.97 | $0.00 | Expiration | $-300.94 | -100.00% | |
| 2022-06-06 | $1.79 | $0.00 | Expiration | $-183.07 | -100.00% | |
| 2022-06-13 | $1.64 | $0.00 | Expiration | $159.68 | 100.00% | |
| 2022-06-17 | $1.51 | $20.00 | Expiration | $1,845.40 | 1,228.02% | |
| 2022-06-23 | $1.59 | $21.30 | Expiration | $1,966.79 | 1,237.86% | |
| 2022-06-29 | $2.58 | $9.15 | Expiration | $652.60 | 254.10% | |
| 2022-07-05 | $2.51 | $25.86 | Expiration | $2,330.90 | 929.87% | |
| 2022-07-11 | $1.62 | $0.00 | Expiration | $-165.51 | -100.00% | |
| 2022-07-18 | $2.68 | $20.00 | Expiration | $1,728.35 | 647.24% | |
| 2022-07-25 | $2.27 | $20.00 | Expiration | $1,769.40 | 782.61% | |
| 2022-08-01 | $4.45 | $22.62 | Expiration | $1,813.00 | 408.31% | |
| 2022-08-08 | $4.24 | $20.00 | Expiration | $1,571.84 | 371.52% | |
| 2022-08-15 | $5.70 | $0.00 | Expiration | $-574.39 | -100.00% | |
| 2022-08-22 | $2.44 | $0.00 | Expiration | $-247.51 | -100.00% | |
| 2022-08-29 | $3.79 | $0.00 | Expiration | $-383.24 | -100.00% | |
| 2022-09-02 | $3.75 | $12.37 | Expiration | $858.04 | 229.90% | |
| 2022-09-08 | $3.25 | $0.00 | Expiration | $-328.59 | -100.00% | |
| 2022-09-14 | $2.88 | $0.00 | Expiration | $-292.26 | -100.00% | |
| 2022-09-20 | $0.55 | $1.16 | Stop Loss | $-64.31 | -109.04% | |
| 2022-09-21 | $0.13 | $0.00 | Expiration | $-16.98 | -100.00% | |
| 2022-09-27 | $0.11 | $0.28 | Stop Loss | $-20.25 | -144.44% | |
| 2022-09-28 | $0.52 | $30.00 | Expiration | $2,943.93 | 5,661.47% | |
| 2022-10-04 | $2.45 | $0.00 | Expiration | $-249.39 | -100.00% |
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