Iron Condor
Iron Condor • Dec 10, 2019 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPY from Dec 10, 2019 - Dec 10, 2025, placing 1259 trades that stayed open for an average of 3 days. The results were impressive - winning 85.39% of the time (1075 wins vs 184 losses), which shows remarkable consistency. This translated to $3,843,326.67 in total profits. On average, each position made $3,052.68. When annualized, that's a 54.9% return (CAGR), which suggests strong growth potential if maintained over time. The journey was quite volatile though - at its worst, the account was down 20.5%, which would require strong conviction to ride out. With a Sharpe ratio of 21.37, the returns were excellent relative to the risk taken. The strategy managed to keep 50.5% 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 |
|---|---|---|---|---|---|---|
| 2019-12-12 | $0.33 | $0.05 | Days In Trade | $1,035.60 | 85.07% | |
| 2020-01-24 | $0.29 | $0.05 | Days In Trade | $868.40 | 82.94% | |
| 2020-01-27 | $0.67 | $0.89 | Stop Loss | $-974.40 | -32.46% | |
| 2020-01-28 | $0.23 | $0.05 | Days In Trade | $628.80 | 78.56% | |
| 2020-01-30 | $0.56 | $0.76 | Stop Loss | $-868.70 | -33.85% | |
| 2020-01-29 | $0.32 | $0.05 | Days In Trade | $969.20 | 84.29% | |
| 2020-01-31 | $1.36 | $0.05 | Days In Trade | $5,148.00 | 96.33% | |
| 2020-02-03 | $0.50 | $0.05 | Days In Trade | $1,680.80 | 89.92% | |
| 2020-02-04 | $0.43 | $0.05 | Days In Trade | $1,412.00 | 88.34% | |
| 2020-02-05 | $0.19 | $0.05 | Days In Trade | $458.00 | 73.75% | |
| 2020-02-07 | $0.25 | $0.05 | Days In Trade | $694.80 | 79.98% | |
| 2020-02-21 | $0.43 | $0.05 | Days In Trade | $1,432.80 | 88.48% | |
| 2020-02-24 | $2.49 | $0.05 | Days In Trade | $9,640.00 | 97.99% | |
| 2020-02-26 | $3.64 | $4.60 | Stop Loss | $-3,945.50 | -26.37% | |
| 2020-02-25 | $3.22 | $0.05 | Days In Trade | $12,589.60 | 98.45% | |
| 2020-02-27 | $7.28 | $9.15 | Stop Loss | $-7,584.50 | -25.69% | |
| 2020-02-28 | $12.17 | $13.49 | Days In Trade | $-5,275.53 | -10.91% | |
| 2020-03-02 | $4.99 | $3.66 | Days In Trade | $5,247.60 | 26.80% | |
| 2020-03-04 | $3.70 | $4.68 | Stop Loss | $-4,005.60 | -26.35% | |
| 2020-03-03 | $7.07 | $4.54 | Days In Trade | $9,993.60 | 35.73% | |
| 2020-03-05 | $8.75 | $11.02 | Days In Trade | $-9,214.00 | -26.04% | |
| 2020-03-06 | $7.75 | $8.99 | Days In Trade | $-5,084.40 | -16.07% | |
| 2020-03-09 | $10.37 | $16.30 | Days In Trade | $-23,796.00 | -57.10% | |
| 2020-03-10 | $9.73 | $12.21 | Stop Loss | $-10,031.80 | -25.51% | |
| 2020-03-11 | $12.35 | $15.48 | Stop Loss | $-12,017.88 | -25.40% | |
| 2020-03-12 | $20.38 | $15.27 | Days In Trade | $9,645.35 | 25.04% | |
| 2020-03-13 | $13.86 | $15.42 | Days In Trade | $-4,622.60 | -11.32% | |
| 2020-03-16 | $18.49 | $10.77 | Days In Trade | $16,935.82 | 41.78% | |
| 2020-03-17 | $14.17 | $10.46 | Days In Trade | $10,693.17 | 26.20% | |
| 2020-03-18 | $17.61 | $7.65 | Days In Trade | $22,855.79 | 56.58% | |
| 2020-03-19 | $16.66 | $14.03 | Days In Trade | $6,778.72 | 15.80% | |
| 2020-03-20 | $14.02 | $10.79 | Days In Trade | $10,248.00 | 23.04% | |
| 2020-03-23 | $12.82 | $16.08 | Stop Loss | $-12,798.73 | -25.39% | |
| 2020-03-24 | $12.37 | $15.51 | Stop Loss | $-12,353.64 | -25.40% | |
| 2020-03-25 | $12.92 | $8.25 | Days In Trade | $16,718.76 | 36.14% | |
| 2020-03-26 | $13.93 | $8.78 | Days In Trade | $17,403.24 | 36.94% | |
| 2020-03-27 | $11.74 | $9.08 | Days In Trade | $10,516.40 | 22.62% | |
| 2020-03-30 | $8.46 | $3.80 | Days In Trade | $18,523.20 | 55.05% | |
| 2020-03-31 | $8.83 | $4.65 | Days In Trade | $16,591.60 | 47.29% | |
| 2020-04-01 | $8.99 | $0.05 | Days In Trade | $35,653.60 | 99.44% | |
| 2020-04-02 | $7.36 | $0.05 | Days In Trade | $29,125.20 | 99.32% | |
| 2020-04-03 | $5.65 | $0.05 | Days In Trade | $22,315.20 | 99.12% | |
| 2020-04-06 | $4.42 | $5.58 | Stop Loss | $-4,724.40 | -26.13% | |
| 2020-04-08 | $5.11 | $6.44 | Stop Loss | $-5,414.70 | -25.98% | |
| 2020-04-07 | $4.27 | $0.05 | Days In Trade | $16,761.60 | 98.83% | |
| 2020-04-09 | $5.67 | $2.72 | Days In Trade | $11,695.60 | 52.01% | |
| 2020-04-13 | $4.25 | $5.36 | Stop Loss | $-4,554.00 | -26.18% | |
| 2020-04-14 | $2.98 | $0.05 | Days In Trade | $11,610.80 | 98.32% | |
| 2020-04-16 | $5.44 | $6.85 | Stop Loss | $-5,743.60 | -25.92% | |
| 2020-04-15 | $4.45 | $2.82 | Days In Trade | $6,418.80 | 36.66% |