Long Straddle
Long Straddle • Dec 10, 2020 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Long Straddle strategy on QQQ from Dec 10, 2020 - Dec 10, 2025, placing 1190 trades that stayed open for an average of 4 days. The results were impressive - winning 86.05% of the time (1024 wins vs 166 losses), which shows remarkable consistency. This translated to $268,192.91 in total profits. On average, each position made $225.37. When annualized, that's a 29.8% return (CAGR), which suggests strong growth potential if maintained over time. Impressively, the maximum drawdown was only 1.0%, showing excellent risk control. With a Sharpe ratio of 25.42, the returns were excellent relative to the risk taken. The strategy managed to keep 59.4% 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 |
|---|---|---|---|---|---|---|
| 2020-12-10 | $2.55 | $1.80 | Early Exit | $146.66 | 29.73% | |
| 2020-12-11 | $2.14 | $0.05 | Early Exit | $412.00 | 97.66% | |
| 2020-12-14 | $1.32 | $1.46 | Early Exit | $-33.86 | -10.88% | |
| 2020-12-15 | $0.67 | $0.05 | Early Exit | $118.38 | 92.51% | |
| 2020-12-16 | $1.36 | $0.40 | Early Exit | $187.66 | 70.70% | |
| 2020-12-17 | $0.96 | $0.35 | Early Exit | $116.40 | 63.43% | |
| 2020-12-18 | $0.81 | $0.50 | Early Exit | $57.28 | 38.43% | |
| 2020-12-21 | $0.33 | $0.05 | Early Exit | $51.40 | 84.98% | |
| 2020-12-23 | $0.90 | $0.05 | Early Exit | $165.22 | 94.46% | |
| 2020-12-24 | $0.74 | $0.05 | Early Exit | $133.02 | 93.25% | |
| 2020-12-29 | $0.13 | $0.05 | Early Exit | $10.30 | 60.78% | |
| 2020-12-31 | $1.77 | $0.83 | Early Exit | $183.66 | 53.24% | |
| 2021-01-04 | $1.71 | $1.87 | Early Exit | $-38.52 | -9.76% | |
| 2021-01-05 | $0.95 | $0.47 | Early Exit | $92.06 | 51.11% | |
| 2021-01-06 | $0.58 | $0.05 | Early Exit | $100.88 | 91.39% | |
| 2021-01-07 | $1.65 | $2.11 | Stop Loss | $-97.65 | -28.03% | |
| 2021-01-08 | $1.46 | $0.46 | Early Exit | $194.14 | 68.28% | |
| 2021-01-11 | $1.24 | $0.67 | Early Exit | $109.98 | 46.33% | |
| 2021-01-12 | $0.51 | $0.05 | Early Exit | $85.80 | 90.10% | |
| 2021-01-13 | $0.18 | $0.18 | Early Exit | $-4.14 | 2.92% | |
| 2021-01-14 | $1.84 | $0.05 | Early Exit | $352.10 | 97.28% | |
| 2021-01-15 | $1.60 | $0.05 | Early Exit | $304.64 | 96.87% | |
| 2021-01-19 | $0.55 | $0.05 | Early Exit | $94.12 | 90.85% | |
| 2021-01-21 | $1.88 | $1.76 | Early Exit | $19.50 | 6.56% | |
| 2021-01-22 | $1.40 | $1.75 | Early Exit | $-75.12 | -24.97% | |
| 2021-01-25 | $1.31 | $1.47 | Early Exit | $-35.92 | -11.68% | |
| 2021-01-26 | $0.88 | $1.15 | Stop Loss | $-59.08 | -30.70% | |
| 2021-01-27 | $2.39 | $0.05 | Early Exit | $462.26 | 97.91% | |
| 2021-01-28 | $4.02 | $2.76 | Early Exit | $245.86 | 31.24% | |
| 2021-01-29 | $4.52 | $0.05 | Early Exit | $889.04 | 98.89% | |
| 2021-02-01 | $1.23 | $1.59 | Stop Loss | $-76.69 | -29.07% | |
| 2021-02-02 | $0.78 | $0.05 | Early Exit | $141.38 | 93.61% | |
| 2021-02-03 | $0.31 | $0.05 | Early Exit | $47.12 | 83.95% | |
| 2021-02-04 | $1.42 | $0.05 | Early Exit | $269.24 | 96.48% | |
| 2021-02-05 | $0.92 | $0.05 | Early Exit | $168.96 | 94.57% | |
| 2021-02-08 | $0.50 | $0.05 | Early Exit | $84.50 | 89.97% | |
| 2021-02-09 | $0.25 | $0.34 | Early Exit | $-23.76 | -37.66% | |
| 2021-02-11 | $1.48 | $0.90 | Early Exit | $110.28 | 39.06% | |
| 2021-02-12 | $0.75 | $0.76 | Early Exit | $-8.94 | -2.51% | |
| 2021-02-16 | $0.60 | $0.05 | Early Exit | $105.28 | 91.70% | |
| 2021-02-18 | $1.51 | $0.05 | Early Exit | $286.74 | 96.69% | |
| 2021-02-19 | $1.15 | $0.77 | Early Exit | $70.82 | 33.12% | |
| 2021-02-22 | $1.32 | $0.90 | Early Exit | $79.40 | 32.08% | |
| 2021-02-23 | $0.93 | $0.05 | Early Exit | $169.94 | 94.60% | |
| 2021-02-25 | $5.83 | $3.49 | Early Exit | $462.58 | 40.11% | |
| 2021-02-26 | $3.37 | $1.69 | Early Exit | $331.16 | 49.94% | |
| 2021-03-01 | $1.01 | $0.69 | Early Exit | $58.92 | 31.72% | |
| 2021-03-02 | $1.00 | $1.13 | Early Exit | $-32.60 | -13.75% | |
| 2021-03-03 | $1.25 | $0.46 | Early Exit | $153.64 | 63.50% | |
| 2021-03-04 | $5.29 | $5.82 | Early Exit | $-111.10 | -10.02% |