Iron Condor
Iron Condor • Jan 1, 2024 - Dec 31, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPY from Jan 1, 2024 - Dec 31, 2025, placing 93 trades that stayed open for an average of 23 days. The results were impressive - winning 96.77% of the time (90 wins vs 3 losses), which shows remarkable consistency. This translated to $910,389.25 in total profits. On average, each position made $9,789.13. When annualized, that's a 218.1% return (CAGR), which suggests strong growth potential if maintained over time. Impressively, the maximum drawdown was only 6.7%, showing excellent risk control. With a Sharpe ratio of 11.39, the returns were excellent relative to the risk taken. The strategy managed to keep 77.9% 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 |
|---|---|---|---|---|---|---|
| 2024-01-22 | $6.69 | $5.07 | Take Profit | $1,571.25 | 24.25% | |
| 2024-01-08 | $9.48 | $0.05 | Early Exit | $9,378.80 | 99.47% | |
| 2024-01-29 | $11.08 | $0.05 | Early Exit | $9,882.27 | 99.55% | |
| 2024-02-05 | $10.39 | $0.05 | Early Exit | $10,292.50 | 99.52% | |
| 2024-02-12 | $8.84 | $0.05 | Early Exit | $8,735.40 | 99.43% | |
| 2024-02-26 | $11.76 | $0.05 | Early Exit | $11,661.90 | 99.57% | |
| 2024-03-04 | $9.75 | $0.05 | Early Exit | $9,645.40 | 99.49% | |
| 2024-03-11 | $10.59 | $9.36 | Early Exit | $1,178.60 | 11.62% | |
| 2024-03-18 | $6.39 | $6.70 | Early Exit | $-359.80 | -4.82% | |
| 2024-03-25 | $10.16 | $0.05 | Early Exit | $10,060.30 | 99.51% | |
| 2024-04-01 | $4.79 | $0.05 | Early Exit | $4,686.20 | 98.96% | |
| 2024-04-08 | $11.33 | $0.05 | Early Exit | $11,226.90 | 99.56% | |
| 2024-04-15 | $12.67 | $0.05 | Early Exit | $12,566.80 | 99.61% | |
| 2024-04-22 | $7.08 | $0.05 | Early Exit | $6,980.10 | 99.29% | |
| 2024-04-29 | $13.80 | $0.05 | Early Exit | $13,697.40 | 99.64% | |
| 2024-05-06 | $9.32 | $0.05 | Early Exit | $9,220.10 | 99.46% | |
| 2024-05-13 | $12.39 | $0.05 | Early Exit | $12,292.30 | 99.60% | |
| 2024-05-20 | $8.42 | $0.05 | Early Exit | $8,316.40 | 99.41% | |
| 2024-06-03 | $9.27 | $0.05 | Early Exit | $9,168.10 | 99.46% | |
| 2024-06-10 | $5.07 | $0.05 | Early Exit | $4,967.40 | 99.01% | |
| 2024-06-17 | $10.48 | $0.05 | Early Exit | $10,382.10 | 99.52% | |
| 2024-06-24 | $8.26 | $7.09 | Early Exit | $1,123.50 | 14.23% | |
| 2024-07-01 | $9.59 | $9.33 | Early Exit | $203.80 | 2.67% | |
| 2024-07-08 | $7.98 | $0.05 | Early Exit | $7,878.10 | 99.37% | |
| 2024-07-15 | $9.18 | $18.40 | Stop Loss | $-9,278.60 | -100.54% | |
| 2024-07-22 | $11.90 | $8.98 | Take Profit | $2,873.00 | 24.58% | |
| 2024-07-29 | $8.36 | $8.02 | Early Exit | $288.20 | 4.07% | |
| 2024-08-05 | $23.81 | $0.05 | Early Exit | $23,703.40 | 99.79% | |
| 2024-08-12 | $17.28 | $13.71 | Early Exit | $3,521.80 | 20.68% | |
| 2024-09-09 | $9.48 | $7.16 | Take Profit | $2,267.25 | 24.47% | |
| 2024-08-19 | $10.07 | $8.30 | Early Exit | $1,717.90 | 17.57% | |
| 2024-08-26 | $14.29 | $0.05 | Early Exit | $14,192.20 | 99.65% | |
| 2024-09-16 | $12.21 | $0.05 | Early Exit | $12,111.30 | 99.59% | |
| 2024-09-23 | $10.26 | $0.05 | Early Exit | $10,153.20 | 99.51% | |
| 2024-09-30 | $11.32 | $0.05 | Early Exit | $11,221.20 | 99.56% | |
| 2024-10-07 | $14.65 | $12.20 | Early Exit | $2,401.70 | 16.74% | |
| 2024-10-14 | $9.84 | $7.43 | Take Profit | $2,357.85 | 24.49% | |
| 2024-10-21 | $9.96 | $7.52 | Take Profit | $2,387.38 | 24.50% | |
| 2024-10-28 | $18.39 | $0.05 | Early Exit | $18,292.90 | 99.73% | |
| 2024-11-25 | $5.28 | $4.01 | Take Profit | $1,217.50 | 24.05% | |
| 2024-11-04 | $20.68 | $0.05 | Early Exit | $20,580.20 | 99.76% | |
| 2024-11-11 | $12.98 | $0.05 | Early Exit | $12,881.40 | 99.61% | |
| 2024-11-18 | $9.15 | $0.05 | Early Exit | $9,045.70 | 99.45% | |
| 2024-12-02 | $7.63 | $5.77 | Take Profit | $1,805.75 | 24.34% | |
| 2024-12-23 | $8.11 | $6.13 | Take Profit | $1,925.58 | 24.38% | |
| 2024-12-09 | $11.81 | $0.05 | Early Exit | $11,712.90 | 99.58% | |
| 2024-12-16 | $9.12 | $0.05 | Early Exit | $9,019.90 | 99.45% | |
| 2025-01-06 | $10.59 | $7.99 | Take Profit | $2,545.75 | 24.53% | |
| 2024-12-30 | $15.68 | $0.05 | Early Exit | $15,575.30 | 99.68% | |
| 2025-01-13 | $18.89 | $0.05 | Early Exit | $18,792.40 | 99.74% |