Long Straddle
Long Straddle • Dec 10, 2023 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Long Straddle strategy on QQQ from Dec 10, 2023 - Dec 10, 2025, placing 461 trades that stayed open for an average of 4 days. The results were impressive - winning 90.89% of the time (419 wins vs 42 losses), which shows remarkable consistency. This translated to $228,031.96 in total profits. On average, each position made $494.65. When annualized, that's a 32.6% return (CAGR), which suggests strong growth potential if maintained over time. Impressively, the maximum drawdown was only 1.5%, showing excellent risk control. With a Sharpe ratio of 33.19, the returns were excellent relative to the risk taken. The strategy managed to keep 66.3% 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 |
|---|---|---|---|---|---|---|
| 2023-12-11 | $0.89 | $0.05 | Early Exit | $326.60 | 94.40% | |
| 2023-12-12 | $0.60 | $0.05 | Early Exit | $209.12 | 91.65% | |
| 2023-12-13 | $0.69 | $0.05 | Early Exit | $247.12 | 92.79% | |
| 2023-12-14 | $0.68 | $0.05 | Early Exit | $241.88 | 92.65% | |
| 2023-12-15 | $0.49 | $0.67 | Stop Loss | $-79.86 | -35.11% | |
| 2023-12-21 | $0.63 | $0.05 | Early Exit | $219.88 | 92.01% | |
| 2023-12-22 | $0.63 | $0.05 | Early Exit | $222.84 | 92.10% | |
| 2023-12-26 | $0.46 | $0.05 | Early Exit | $153.08 | 89.10% | |
| 2024-01-03 | $0.92 | $0.05 | Early Exit | $339.48 | 94.59% | |
| 2024-01-04 | $0.88 | $0.05 | Early Exit | $322.36 | 94.33% | |
| 2024-01-08 | $0.74 | $0.05 | Early Exit | $266.44 | 93.26% | |
| 2024-01-09 | $0.57 | $0.05 | Early Exit | $197.28 | 91.22% | |
| 2024-01-10 | $0.67 | $0.05 | Early Exit | $237.84 | 92.54% | |
| 2024-01-16 | $0.70 | $0.05 | Early Exit | $248.76 | 92.84% | |
| 2024-01-17 | $0.77 | $0.05 | Early Exit | $277.96 | 93.51% | |
| 2024-01-18 | $1.21 | $0.05 | Early Exit | $455.20 | 95.88% | |
| 2024-01-19 | $0.83 | $0.05 | Early Exit | $301.68 | 93.98% | |
| 2024-01-23 | $0.91 | $1.18 | Stop Loss | $-120.90 | -30.52% | |
| 2024-01-24 | $1.06 | $0.05 | Early Exit | $394.20 | 95.29% | |
| 2024-01-25 | $1.31 | $0.05 | Early Exit | $492.52 | 96.18% | |
| 2024-01-26 | $1.35 | $0.05 | Early Exit | $510.16 | 96.30% | |
| 2024-01-29 | $1.31 | $0.05 | Early Exit | $494.16 | 96.19% | |
| 2024-01-30 | $1.63 | $0.05 | Early Exit | $621.52 | 96.93% | |
| 2024-01-31 | $1.33 | $0.05 | Early Exit | $501.88 | 96.24% | |
| 2024-02-01 | $1.32 | $0.05 | Early Exit | $496.48 | 96.20% | |
| 2024-02-02 | $1.04 | $0.05 | Early Exit | $384.44 | 95.18% | |
| 2024-02-05 | $0.80 | $0.05 | Early Exit | $288.92 | 93.74% | |
| 2024-02-06 | $0.97 | $0.05 | Early Exit | $356.48 | 94.83% | |
| 2024-02-07 | $0.97 | $0.05 | Early Exit | $357.00 | 94.84% | |
| 2024-02-08 | $0.97 | $0.05 | Early Exit | $358.04 | 94.85% | |
| 2024-02-09 | $0.93 | $0.05 | Early Exit | $343.20 | 94.65% | |
| 2024-02-12 | $1.07 | $0.05 | Early Exit | $397.64 | 95.33% | |
| 2024-02-13 | $1.03 | $0.05 | Early Exit | $383.32 | 95.17% | |
| 2024-02-14 | $0.92 | $0.05 | Early Exit | $339.08 | 94.59% | |
| 2024-02-15 | $1.09 | $0.05 | Early Exit | $405.68 | 95.41% | |
| 2024-02-16 | $1.12 | $0.82 | Early Exit | $106.96 | 26.29% | |
| 2024-02-20 | $1.87 | $0.05 | Early Exit | $719.40 | 97.33% | |
| 2024-02-21 | $1.90 | $0.05 | Early Exit | $729.84 | 97.37% | |
| 2024-02-22 | $1.23 | $0.05 | Early Exit | $461.84 | 95.94% | |
| 2024-02-23 | $0.77 | $0.05 | Early Exit | $278.12 | 93.52% | |
| 2024-02-26 | $0.74 | $0.05 | Early Exit | $265.32 | 93.24% | |
| 2024-02-27 | $0.89 | $0.05 | Early Exit | $325.72 | 94.38% | |
| 2024-02-28 | $0.80 | $0.05 | Early Exit | $288.60 | 93.73% | |
| 2024-03-01 | $0.82 | $0.05 | Early Exit | $296.16 | 93.88% | |
| 2024-03-05 | $1.38 | $1.77 | Stop Loss | $-168.37 | -28.62% | |
| 2024-03-04 | $0.89 | $0.05 | Early Exit | $327.20 | 94.41% | |
| 2024-03-06 | $1.32 | $0.05 | Early Exit | $497.76 | 96.21% | |
| 2024-03-07 | $1.50 | $0.37 | Early Exit | $439.88 | 75.03% | |
| 2024-03-08 | $1.60 | $0.05 | Early Exit | $610.92 | 96.88% | |
| 2024-03-11 | $1.37 | $0.05 | Early Exit | $517.64 | 96.35% |