Iron Condor
Iron Condor • Dec 10, 2020 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPX from Dec 10, 2020 - Dec 10, 2025, placing 564 trades that stayed open for an average of 15 days. The results were impressive - winning 75% of the time (423 wins vs 141 losses), which shows remarkable consistency. This translated to $7,365,521.99 in total profits. On average, each position made $13,059.44. When annualized, that's a 137.0% return (CAGR), which suggests strong growth potential if maintained over time. The journey was quite volatile though - at its worst, the account was down 27.0%, which would require strong conviction to ride out. With a Sharpe ratio of 4.41, 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 |
|---|---|---|---|---|---|---|
| 2020-12-10 | $1.29 | $1.89 | Take Profit | $544.70 | 46.13% | |
| 2020-12-11 | $24.51 | $0.05 | Early Exit | $19,525.36 | 99.80% | |
| 2020-12-14 | $49.80 | $99.65 | Stop Loss | $-19,960.64 | -100.10% | |
| 2020-12-15 | $14.75 | $17.87 | Early Exit | $-3,173.00 | -21.16% | |
| 2020-12-16 | $47.60 | $0.05 | Early Exit | $18,999.52 | 99.89% | |
| 2020-12-17 | $6.85 | $10.85 | Early Exit | $-4,052.30 | -58.37% | |
| 2021-01-08 | $0.17 | $0.20 | Take Profit | $-18.80 | 19.95% | |
| 2021-01-11 | $12.83 | $6.46 | Take Profit | $6,311.75 | 49.61% | |
| 2021-01-12 | $0.15 | $0.17 | Take Profit | $-29.05 | 15.73% | |
| 2021-01-15 | $3.01 | $6.07 | Stop Loss | $-3,113.40 | -101.66% | |
| 2021-01-04 | $27.93 | $24.54 | Early Exit | $2,667.84 | 12.13% | |
| 2021-01-07 | $22.17 | $23.85 | Early Exit | $1,467.09 | 7.59% | |
| 2021-01-29 | $15.02 | $7.56 | Take Profit | $7,405.55 | 49.67% | |
| 2021-01-14 | $10.00 | $5.05 | Take Profit | $4,898.35 | 49.50% | |
| 2021-01-13 | $20.19 | $13.89 | Early Exit | $6,243.60 | 31.18% | |
| 2021-01-20 | $11.00 | $7.09 | Early Exit | $-3,959.70 | -35.53% | |
| 2021-02-01 | $8.23 | $0.05 | Early Exit | $8,123.70 | 99.39% | |
| 2021-02-02 | $19.36 | $10.19 | Early Exit | $9,116.70 | 47.35% | |
| 2021-02-03 | $16.75 | $10.50 | Early Exit | $6,198.80 | 37.31% | |
| 2021-02-05 | $46.16 | $0.05 | Early Exit | $23,026.90 | 99.89% | |
| 2021-03-01 | $20.66 | $41.37 | Stop Loss | $-20,763.10 | -100.24% | |
| 2021-02-12 | $8.65 | $4.66 | Early Exit | $3,937.20 | 46.12% | |
| 2021-03-04 | $16.33 | $8.22 | Take Profit | $8,064.95 | 49.69% | |
| 2021-02-26 | $36.56 | $18.33 | Take Profit | $16,360.97 | 49.86% | |
| 2021-03-02 | $5.31 | $7.92 | Take Profit | $2,555.25 | 49.06% | |
| 2021-03-10 | $3.49 | $5.19 | Take Profit | $1,643.75 | 48.57% | |
| 2021-03-03 | $19.53 | $9.82 | Take Profit | $9,665.45 | 49.74% | |
| 2021-03-05 | $30.77 | $0.05 | Early Exit | $30,666.70 | 99.84% | |
| 2021-03-09 | $28.04 | $0.05 | Early Exit | $-28,043.10 | -99.82% | |
| 2021-03-11 | $55.18 | $0.05 | Early Exit | $33,049.50 | 99.91% | |
| 2021-03-12 | $26.93 | $0.05 | Early Exit | $26,823.90 | 99.81% | |
| 2021-03-25 | $35.73 | $0.05 | Early Exit | $35,627.00 | 99.86% | |
| 2021-03-30 | $22.56 | $0.05 | Early Exit | $22,462.90 | 99.78% | |
| 2021-04-06 | $48.42 | $68.38 | Early Exit | $-20,014.20 | -41.23% | |
| 2021-04-08 | $20.55 | $0.05 | Early Exit | $20,446.30 | 99.76% | |
| 2021-04-09 | $29.82 | $0.05 | Early Exit | $29,717.00 | 99.83% | |
| 2021-04-16 | $0.99 | $0.91 | Early Exit | $30.50 | 8.33% | |
| 2021-04-23 | $9.81 | $6.52 | Early Exit | $-3,340.70 | -33.54% | |
| 2021-04-30 | $8.17 | $4.38 | Early Exit | $3,746.60 | 46.47% | |
| 2021-05-03 | $46.58 | $42.39 | Early Exit | $-4,237.50 | -8.99% | |
| 2021-05-04 | $56.96 | $0.05 | Early Exit | $56,859.50 | 99.91% | |
| 2021-05-07 | $56.06 | $0.05 | Early Exit | $55,958.20 | 99.91% | |
| 2021-05-14 | $43.47 | $0.05 | Early Exit | $43,366.80 | 99.88% | |
| 2021-05-21 | $36.96 | $47.73 | Early Exit | $-10,823.50 | -29.14% | |
| 2021-05-28 | $10.35 | $5.22 | Take Profit | $5,071.35 | 49.52% | |
| 2021-06-04 | $9.82 | $14.68 | Take Profit | $4,809.55 | 49.49% | |
| 2021-06-18 | $25.08 | $37.58 | Take Profit | $12,439.80 | 49.80% | |
| 2021-06-02 | $24.64 | $12.37 | Take Profit | $12,215.50 | 49.80% | |
| 2021-06-01 | $20.07 | $0.05 | Early Exit | $19,972.10 | 99.75% | |
| 2021-06-11 | $6.98 | $4.12 | Early Exit | $2,812.00 | 41.02% |
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