Iron Condor
Iron Condor • Dec 10, 2022 - Jan 30, 2026
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPX from Dec 10, 2022 - Jan 30, 2026, placing 314 trades that stayed open for an average of 3 days. Despite winning only 41.08% of trades (129 vs 185), the winners were big enough to generate $418,332.50 in profits. On average, each position made $1,332.27. When annualized, that's a 149.8% return (CAGR), which suggests strong growth potential if maintained over time. The journey was quite volatile though - at its worst, the account was down 54.1%, which would require strong conviction to ride out. The Sharpe ratio of 0.96 shows modest risk-adjusted performance. The strategy managed to keep 59.2% of the premium collected. 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 |
|---|---|---|---|---|---|---|
| 2022-12-12 | $1.24 | $0.00 | Expiration | $595.20 | 100.00% | |
| 2022-12-16 | $3.12 | $0.00 | Expiration | $-1,584.20 | -100.00% | |
| 2022-12-20 | $0.00 | $0.05 | Stop Loss | $-51.80 | -6,450.00% | |
| 2022-12-21 | $3.18 | $0.00 | Expiration | $-1,616.60 | -100.00% | |
| 2022-12-23 | $5.44 | $0.00 | Expiration | $-2,744.05 | -100.00% | |
| 2022-12-27 | $2.31 | $0.00 | Expiration | $-1,180.25 | -100.00% | |
| 2022-12-30 | $1.18 | $0.00 | Expiration | $-618.45 | -100.00% | |
| 2023-01-03 | $2.50 | $3.12 | Expiration | $282.05 | 24.61% | |
| 2023-01-06 | $3.90 | $0.00 | Expiration | $-1,978.45 | -100.00% | |
| 2023-01-10 | $2.59 | $5.14 | Take Profit | $1,245.85 | 98.07% | |
| 2023-01-11 | $2.41 | $0.00 | Expiration | $-1,229.20 | -100.00% | |
| 2023-01-13 | $1.11 | $0.00 | Expiration | $-582.20 | -100.00% | |
| 2023-01-17 | $7.34 | $0.00 | Expiration | $-3,697.35 | -100.00% | |
| 2023-01-20 | $3.96 | $6.85 | Expiration | $1,420.75 | 73.13% | |
| 2023-01-24 | $4.73 | $29.19 | Expiration | $12,202.20 | 516.66% | |
| 2023-01-27 | $4.01 | $9.06 | Expiration | $-2,548.70 | -125.68% | |
| 2023-01-31 | $2.45 | $0.00 | Expiration | $-1,249.95 | -100.00% | |
| 2023-02-03 | $5.59 | $7.53 | Expiration | $945.85 | 34.79% | |
| 2023-02-07 | $12.35 | $17.01 | Expiration | $2,305.10 | 37.76% | |
| 2023-02-10 | $3.12 | $0.00 | Expiration | $-1,586.85 | -100.00% | |
| 2023-02-14 | $6.37 | $7.82 | Expiration | $700.30 | 22.81% | |
| 2023-02-17 | $16.58 | $0.00 | Expiration | $-8,315.35 | -100.00% | |
| 2023-02-21 | $2.00 | $0.00 | Expiration | $-1,027.10 | -100.00% | |
| 2023-02-24 | $1.77 | $0.00 | Expiration | $859.15 | 100.00% | |
| 2023-02-28 | $7.08 | $30.00 | Expiration | $11,433.45 | 323.66% | |
| 2023-03-03 | $2.38 | $0.00 | Expiration | $-1,214.55 | -100.00% | |
| 2023-03-07 | $8.78 | $30.00 | Expiration | $10,582.90 | 241.60% | |
| 2023-03-10 | $2.40 | $0.00 | Expiration | $-1,227.45 | -100.00% | |
| 2023-03-14 | $2.42 | $0.00 | Expiration | $-1,237.00 | -100.00% | |
| 2023-03-17 | $3.41 | $23.69 | Expiration | $10,115.20 | 595.21% | |
| 2023-03-21 | $3.13 | $0.00 | Expiration | $-1,592.30 | -100.00% | |
| 2023-03-24 | $2.78 | $0.00 | Expiration | $-1,413.85 | -100.00% | |
| 2023-03-28 | $6.59 | $30.00 | Expiration | $11,681.50 | 355.58% | |
| 2023-03-31 | $0.36 | $0.00 | Expiration | $-205.55 | -100.00% | |
| 2023-04-04 | $1.56 | $0.00 | Expiration | $751.65 | 100.00% | |
| 2023-04-06 | $5.30 | $0.00 | Expiration | $-2,674.05 | -100.00% | |
| 2023-04-10 | $4.48 | $0.00 | Expiration | $-2,267.30 | -100.00% | |
| 2023-04-14 | $3.12 | $0.00 | Expiration | $-1,587.00 | -100.00% | |
| 2023-04-18 | $8.29 | $0.00 | Expiration | $-4,172.10 | -100.00% | |
| 2023-04-21 | $3.09 | $0.00 | Expiration | $-1,570.95 | -100.00% | |
| 2023-04-25 | $3.56 | $30.00 | Expiration | $13,195.55 | 743.43% | |
| 2023-04-28 | $0.92 | $0.00 | Expiration | $-484.10 | -100.00% | |
| 2023-05-02 | $7.20 | $0.00 | Expiration | $-3,625.85 | -100.00% | |
| 2023-05-08 | $4.95 | $0.00 | Expiration | $-2,498.55 | -100.00% | |
| 2023-05-12 | $6.33 | $0.00 | Expiration | $-3,189.10 | -100.00% | |
| 2023-05-16 | $1.80 | $3.54 | Take Profit | $846.95 | 97.22% | |
| 2023-05-17 | $5.84 | $10.64 | Expiration | $2,373.50 | 82.16% | |
| 2023-05-22 | $2.47 | $0.00 | Expiration | $-1,261.35 | -100.00% | |
| 2023-05-26 | $5.01 | $0.00 | Expiration | $-2,529.40 | -100.00% | |
| 2023-05-30 | $5.63 | $30.00 | Expiration | $12,158.70 | 432.80% |