Long Straddle
Long Straddle • Dec 10, 2015 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Long Straddle strategy on QQQ from Dec 10, 2015 - Dec 10, 2025, placing 1088 trades that stayed open for an average of 2 days. With a solid 57.81% win rate (629 winners and 459 losers), the strategy proved reliable. This translated to $196,412.61 in total profits. On average, each position made $180.53. The 11.5% annualized return (CAGR) shows this could be a solid long-term strategy. The account experienced a 10.5% drawdown at its lowest point, which is moderate but manageable. With a Sharpe ratio of 5.59, the returns were excellent relative to the risk taken. Notably, the strategy captured 172.6% of the premium sold, which is excellent. 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 |
|---|---|---|---|---|---|---|
| 2016-01-08 | $0.45 | $0.05 | Expiration | $-42.42 | -88.84% | |
| 2016-01-15 | $0.46 | $0.05 | Expiration | $-44.00 | -89.22% | |
| 2016-02-12 | $0.35 | $0.05 | Expiration | $-32.15 | -85.53% | |
| 2016-03-24 | $0.61 | $0.05 | Expiration | $-58.46 | -91.78% | |
| 2016-04-01 | $0.63 | $0.05 | Expiration | $-60.49 | -92.05% | |
| 2016-07-01 | $0.60 | $0.05 | Expiration | $-57.85 | -91.70% | |
| 2016-08-12 | $0.48 | $0.05 | Expiration | $-45.54 | -89.57% | |
| 2016-08-26 | $0.81 | $0.05 | Expiration | $-78.55 | -93.82% | |
| 2017-01-13 | $0.56 | $0.05 | Expiration | $-53.82 | -91.11% | |
| 2017-03-10 | $0.60 | $0.05 | Expiration | $-57.83 | -91.70% | |
| 2017-03-17 | $0.58 | $0.05 | Expiration | $-55.35 | -91.34% | |
| 2017-06-09 | $0.67 | $0.05 | Expiration | $-64.56 | -92.53% | |
| 2017-12-01 | $0.39 | $0.05 | Expiration | $-36.10 | -87.01% | |
| 2018-01-12 | $0.95 | $0.05 | Expiration | $-92.64 | -94.74% | |
| 2018-02-02 | $0.47 | $0.05 | Expiration | $-44.94 | -89.44% | |
| 2018-02-09 | $0.89 | $0.05 | Expiration | $-86.50 | -94.38% | |
| 2018-03-23 | $0.65 | $0.05 | Expiration | $-62.62 | -92.31% | |
| 2018-04-06 | $0.81 | $0.05 | Expiration | $-78.33 | -93.81% | |
| 2018-04-13 | $0.50 | $0.05 | Expiration | $-47.31 | -89.94% | |
| 2018-04-27 | $0.54 | $0.05 | Expiration | $-51.39 | -90.70% | |
| 2018-05-04 | $0.36 | $0.05 | Expiration | $-33.51 | -86.08% | |
| 2018-06-08 | $0.33 | $0.05 | Expiration | $-30.10 | -84.62% | |
| 2018-06-22 | $0.38 | $0.05 | Expiration | $-35.60 | -86.84% | |
| 2018-06-29 | $0.46 | $0.05 | Expiration | $-43.64 | -89.14% | |
| 2018-07-06 | $0.39 | $0.05 | Expiration | $-36.20 | -87.05% | |
| 2018-07-20 | $0.35 | $0.05 | Expiration | $-32.10 | -85.51% | |
| 2018-07-27 | $0.71 | $0.05 | Expiration | $-68.92 | -92.99% | |
| 2018-08-10 | $0.39 | $0.05 | Expiration | $-36.60 | -87.18% | |
| 2018-08-17 | $0.36 | $0.05 | Expiration | $-33.50 | -86.07% | |
| 2018-08-31 | $0.37 | $0.05 | Expiration | $-34.60 | -86.49% | |
| 2018-09-07 | $0.53 | $0.05 | Expiration | $-50.69 | -90.58% | |
| 2018-09-14 | $0.36 | $0.05 | Expiration | $-33.60 | -86.11% | |
| 2018-10-05 | $0.56 | $0.05 | Expiration | $-53.71 | -91.09% | |
| 2018-10-12 | $0.87 | $0.05 | Expiration | $-84.83 | -94.27% | |
| 2018-10-19 | $0.68 | $0.05 | Expiration | $-65.29 | -92.61% | |
| 2018-10-26 | $1.19 | $0.05 | Expiration | $-116.38 | -95.79% | |
| 2018-11-02 | $0.78 | $0.05 | Expiration | $-75.10 | -93.55% | |
| 2018-11-09 | $0.67 | $0.05 | Expiration | $-64.67 | -92.55% | |
| 2018-11-16 | $0.55 | $0.05 | Expiration | $-52.66 | -90.92% | |
| 2018-11-23 | $0.55 | $0.05 | Expiration | $-53.06 | -90.98% | |
| 2018-11-30 | $0.63 | $0.05 | Expiration | $-60.72 | -92.08% | |
| 2018-12-07 | $1.82 | $0.05 | Expiration | $-179.87 | -97.26% | |
| 2018-12-14 | $0.74 | $0.05 | Expiration | $-71.96 | -93.28% | |
| 2018-12-21 | $1.09 | $0.05 | Expiration | $-106.29 | -95.40% | |
| 2018-12-28 | $0.89 | $1.28 | Expiration | $36.09 | 43.32% | |
| 2018-12-31 | $0.75 | $0.05 | Expiration | $-72.63 | -93.34% | |
| 2019-01-04 | $0.75 | $0.05 | Expiration | $-72.33 | -93.31% | |
| 2019-01-18 | $0.50 | $0.05 | Expiration | $-47.55 | -89.99% | |
| 2019-02-01 | $0.43 | $0.05 | Expiration | $-40.10 | -88.24% | |
| 2019-02-08 | $0.37 | $0.05 | Expiration | $-34.66 | -86.51% |
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