Iron Condor
Iron Condor • Dec 10, 2022 - Dec 31, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPX from Dec 10, 2022 - Dec 31, 2025, placing 139 trades that stayed open for an average of 21 days. The results were impressive - winning 96.4% of the time (134 wins vs 5 losses), which shows remarkable consistency. This translated to $25,608,955.30 in total profits. On average, each position made $184,237.09. When annualized, that's a 669.6% return (CAGR), which suggests strong growth potential if maintained over time. The account experienced a 16.8% drawdown at its lowest point, which is moderate but manageable. With a Sharpe ratio of 12.18, the returns were excellent relative to the risk taken. The strategy managed to keep 76.7% of the premium collected. 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 |
|---|---|---|---|---|---|---|
| 2022-12-12 | $130.13 | $0.05 | Early Exit | $39,007.41 | 99.96% | |
| 2023-01-09 | $136.02 | $0.05 | Early Exit | $81,552.12 | 99.96% | |
| 2023-01-23 | $127.40 | $0.05 | Early Exit | $76,380.96 | 99.96% | |
| 2023-01-30 | $110.49 | $0.05 | Early Exit | $88,312.16 | 99.95% | |
| 2023-02-06 | $128.06 | $0.05 | Early Exit | $166,349.17 | 99.96% | |
| 2023-02-13 | $120.59 | $0.05 | Early Exit | $168,685.58 | 99.96% | |
| 2023-02-27 | $105.40 | $79.10 | Take Profit | $52,497.40 | 24.95% | |
| 2023-03-06 | $111.26 | $0.05 | Early Exit | $222,309.00 | 99.96% | |
| 2023-03-13 | $139.90 | $0.05 | Early Exit | $279,588.40 | 99.96% | |
| 2023-03-20 | $152.28 | $0.05 | Early Exit | $304,359.80 | 99.97% | |
| 2023-03-27 | $127.11 | $0.05 | Early Exit | $254,008.20 | 99.96% | |
| 2023-04-03 | $99.58 | $74.73 | Take Profit | $49,584.75 | 24.95% | |
| 2023-04-10 | $91.21 | $68.46 | Take Profit | $45,400.40 | 24.95% | |
| 2023-04-17 | $68.57 | $0.05 | Early Exit | $136,941.20 | 99.93% | |
| 2023-04-24 | $104.80 | $78.65 | Take Profit | $52,194.45 | 24.95% | |
| 2023-05-01 | $90.64 | $68.03 | Take Profit | $45,117.25 | 24.94% | |
| 2023-05-08 | $93.10 | $0.05 | Early Exit | $185,986.60 | 99.95% | |
| 2023-05-15 | $49.11 | $36.88 | Take Profit | $24,351.70 | 24.90% | |
| 2023-05-22 | $101.67 | $0.05 | Early Exit | $203,140.00 | 99.95% | |
| 2023-06-05 | $90.99 | $0.05 | Early Exit | $181,767.60 | 99.95% | |
| 2023-06-12 | $92.73 | $69.60 | Take Profit | $46,163.05 | 24.95% | |
| 2023-06-26 | $86.65 | $0.05 | Early Exit | $173,104.20 | 99.94% | |
| 2023-07-03 | $70.42 | $0.05 | Early Exit | $140,628.20 | 99.93% | |
| 2023-07-10 | $96.55 | $0.05 | Early Exit | $192,895.20 | 99.95% | |
| 2023-07-17 | $93.60 | $0.05 | Early Exit | $186,997.60 | 99.95% | |
| 2023-07-24 | $90.92 | $0.05 | Early Exit | $181,635.80 | 99.95% | |
| 2023-07-31 | $97.91 | $0.05 | Early Exit | $195,609.80 | 99.95% | |
| 2023-08-07 | $86.67 | $0.05 | Early Exit | $173,145.00 | 99.94% | |
| 2023-08-14 | $110.51 | $82.93 | Take Profit | $55,052.20 | 24.95% | |
| 2023-08-21 | $103.93 | $78.00 | Take Profit | $51,761.45 | 24.95% | |
| 2023-08-28 | $72.50 | $54.43 | Take Profit | $36,046.50 | 24.93% | |
| 2023-09-11 | $96.81 | $0.05 | Early Exit | $193,409.80 | 99.95% | |
| 2023-09-18 | $100.61 | $0.05 | Early Exit | $201,019.60 | 99.95% | |
| 2023-09-25 | $70.61 | $53.01 | Take Profit | $35,100.85 | 24.93% | |
| 2023-10-09 | $90.07 | $67.60 | Take Profit | $44,828.85 | 24.94% | |
| 2023-10-02 | $93.50 | $0.05 | Early Exit | $186,805.20 | 99.95% | |
| 2023-10-16 | $105.32 | $79.04 | Take Profit | $52,457.15 | 24.95% | |
| 2023-10-23 | $117.01 | $0.05 | Early Exit | $233,808.20 | 99.96% | |
| 2023-11-13 | $71.37 | $53.58 | Take Profit | $35,481.25 | 24.93% | |
| 2023-10-30 | $135.32 | $0.05 | Early Exit | $270,444.40 | 99.96% | |
| 2023-11-06 | $71.65 | $0.05 | Early Exit | $143,101.00 | 99.93% | |
| 2023-11-20 | $85.40 | $0.05 | Early Exit | $170,593.80 | 99.94% | |
| 2023-11-27 | $76.96 | $0.05 | Early Exit | $153,714.60 | 99.94% | |
| 2023-12-04 | $79.13 | $0.05 | Early Exit | $158,064.60 | 99.94% | |
| 2023-12-11 | $55.67 | $55.11 | Early Exit | $1,017.60 | 1.01% | |
| 2023-12-18 | $93.24 | $0.05 | Early Exit | $186,269.60 | 99.95% | |
| 2024-01-08 | $101.03 | $0.05 | Early Exit | $201,857.80 | 99.95% | |
| 2024-01-29 | $74.79 | $56.14 | Take Profit | $37,189.70 | 24.93% | |
| 2024-01-22 | $83.68 | $0.05 | Early Exit | $167,162.60 | 99.94% | |
| 2024-02-05 | $96.11 | $0.05 | Early Exit | $192,006.20 | 99.95% |