Short Straddle
Short Straddle • Dec 10, 2024 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Short Straddle strategy on SPY from Dec 10, 2024 - Dec 10, 2025, placing 51 trades that stayed open for an average of 18 days. The results were impressive - winning 74.51% of the time (38 wins vs 13 losses), which shows remarkable consistency. This translated to $224,282.73 in total profits. On average, each position made $4,397.70. When annualized, that's a 224.5% return (CAGR), which suggests strong growth potential if maintained over time. The journey was quite volatile though - at its worst, the account was down 49.8%, which would require strong conviction to ride out. With a Sharpe ratio of 3.03, the returns were excellent relative to the risk taken. 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 |
|---|---|---|---|---|---|---|
| 2024-12-18 | $23.64 | $17.78 | Take Profit | $5,834.70 | 24.79% | |
| 2024-12-11 | $13.87 | $0.05 | Early Exit | $13,797.90 | 99.64% | |
| 2025-01-08 | $19.46 | $14.68 | Early Exit | $4,744.90 | 24.52% | |
| 2025-01-22 | $16.46 | $12.40 | Take Profit | $4,040.08 | 24.70% | |
| 2025-01-15 | $18.24 | $13.73 | Take Profit | $4,483.13 | 24.73% | |
| 2025-01-29 | $18.62 | $14.01 | Take Profit | $4,578.98 | 24.73% | |
| 2025-02-05 | $17.81 | $13.41 | Take Profit | $4,377.00 | 24.72% | |
| 2025-02-19 | $16.67 | $33.40 | Stop Loss | $-16,749.90 | -100.30% | |
| 2025-02-12 | $17.81 | $0.05 | Early Exit | $17,737.90 | 99.72% | |
| 2025-02-26 | $21.33 | $0.05 | Early Exit | $21,258.10 | 99.77% | |
| 2025-03-12 | $27.41 | $20.61 | Take Profit | $6,777.23 | 24.82% | |
| 2025-03-05 | $24.66 | $18.54 | Take Profit | $6,088.95 | 24.80% | |
| 2025-03-19 | $22.10 | $44.25 | Stop Loss | $-22,174.20 | -100.23% | |
| 2025-03-26 | $21.37 | $42.78 | Stop Loss | $-21,442.00 | -100.23% | |
| 2025-04-02 | $21.99 | $44.04 | Stop Loss | $-22,068.50 | -100.23% | |
| 2025-04-09 | $32.66 | $24.55 | Take Profit | $8,089.55 | 24.85% | |
| 2025-04-16 | $34.62 | $41.19 | Early Exit | $-6,594.60 | -18.97% | |
| 2025-04-23 | $31.42 | $0.05 | Early Exit | $31,348.30 | 99.84% | |
| 2025-04-30 | $27.76 | $28.91 | Early Exit | $-1,175.40 | -4.14% | |
| 2025-05-07 | $26.09 | $27.74 | Early Exit | $-1,676.10 | -6.32% | |
| 2025-05-14 | $20.94 | $15.75 | Take Profit | $5,158.08 | 24.76% | |
| 2025-05-21 | $23.09 | $17.37 | Take Profit | $5,696.48 | 24.78% | |
| 2025-05-28 | $21.41 | $16.11 | Take Profit | $5,277.28 | 24.77% | |
| 2025-06-04 | $19.34 | $14.55 | Take Profit | $4,757.88 | 24.74% | |
| 2025-06-11 | $19.58 | $0.05 | Early Exit | $19,505.10 | 99.74% | |
| 2025-06-18 | $21.87 | $27.27 | Early Exit | $-5,422.20 | -24.67% | |
| 2025-06-25 | $19.32 | $21.16 | Early Exit | $-1,863.70 | -9.51% | |
| 2025-07-02 | $19.06 | $14.34 | Take Profit | $4,688.68 | 24.74% | |
| 2025-07-09 | $19.24 | $14.48 | Take Profit | $4,733.33 | 24.74% | |
| 2025-07-16 | $20.39 | $15.34 | Take Profit | $5,021.98 | 24.75% | |
| 2025-07-23 | $18.16 | $13.67 | Take Profit | $4,463.48 | 24.72% | |
| 2025-07-30 | $19.08 | $14.36 | Take Profit | $4,693.85 | 24.74% | |
| 2025-08-06 | $19.34 | $14.56 | Take Profit | $4,759.65 | 24.74% | |
| 2025-08-13 | $17.01 | $12.81 | Take Profit | $4,176.15 | 24.71% | |
| 2025-08-20 | $18.70 | $19.50 | Early Exit | $-826.60 | -4.28% | |
| 2025-08-27 | $17.25 | $17.44 | Early Exit | $-211.10 | -1.07% | |
| 2025-09-03 | $19.10 | $20.08 | Early Exit | $-1,008.10 | -5.14% | |
| 2025-09-10 | $17.78 | $20.02 | Early Exit | $-2,269.20 | -12.62% | |
| 2025-09-17 | $18.78 | $14.14 | Take Profit | $4,619.73 | 24.73% | |
| 2025-09-24 | $20.22 | $15.21 | Take Profit | $4,978.03 | 24.75% | |
| 2025-10-01 | $19.92 | $14.99 | Take Profit | $4,903.20 | 24.75% | |
| 2025-10-08 | $20.36 | $15.32 | Take Profit | $5,013.35 | 24.75% | |
| 2025-10-15 | $24.59 | $18.49 | Take Profit | $6,071.15 | 24.80% | |
| 2025-10-29 | $22.62 | $17.01 | Take Profit | $5,578.53 | 24.78% | |
| 2025-10-22 | $22.62 | $17.01 | Take Profit | $5,578.95 | 24.78% | |
| 2025-11-05 | $22.18 | $16.68 | Take Profit | $5,468.75 | 24.77% | |
| 2025-11-12 | $22.42 | $16.86 | Take Profit | $5,527.83 | 24.78% | |
| 2025-11-26 | $21.34 | $16.06 | Take Profit | $5,259.23 | 24.77% | |
| 2025-11-19 | $29.34 | $0.05 | Backtest Finished | $29,266.70 | 99.83% | |
| 2025-12-03 | $19.63 | $0.05 | Backtest Finished | $19,554.10 | 99.75% |