SPY 45 DTE Credit Spread
SPY 45 DTE Credit Spread • Dec 10, 2024 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a SPY 45 DTE Credit Spread strategy on SPY from Dec 10, 2024 - Dec 10, 2025, placing 50 trades that stayed open for an average of 18 days. Unfortunately, things didn't work out - despite a 52% win rate, the strategy finished down $8,592.85. On average, each trade lost $171.86. The account experienced a 13.7% drawdown at its lowest point, which is moderate but manageable. The negative Sharpe ratio (-1.95) confirms the risk wasn't justified by the results. This one needs a rethink - the numbers suggest significant changes would be needed to make it work.
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Trade Log
| Date | Entry | Exit | Exit Reason | P&L | Return | Action |
|---|---|---|---|---|---|---|
| 2024-12-11 | $0.80 | $1.65 | Stop Loss | $-878.10 | -106.23% | |
| 2024-12-18 | $1.24 | $0.67 | Take Profit | $542.95 | 45.96% | |
| 2025-01-08 | $2.03 | $1.06 | Take Profit | $937.20 | 47.53% | |
| 2025-01-22 | $0.10 | $0.05 | Stop Loss | $-76.00 | -50.00% | |
| 2025-02-19 | $2.45 | $4.95 | Stop Loss | $-2,525.80 | -102.04% | |
| 2025-01-15 | $1.49 | $2.19 | Take Profit | $670.10 | 46.65% | |
| 2025-01-29 | $1.19 | $2.43 | Stop Loss | $-1,266.40 | -104.20% | |
| 2025-02-05 | $1.14 | $2.34 | Stop Loss | $-1,219.10 | -104.37% | |
| 2025-02-12 | $0.70 | $1.46 | Stop Loss | $-780.40 | -107.10% | |
| 2025-02-26 | $1.26 | $2.56 | Stop Loss | $-1,331.50 | -103.98% | |
| 2025-03-05 | $1.87 | $3.80 | Stop Loss | $-1,950.20 | -102.67% | |
| 2025-03-12 | $1.13 | $0.61 | Take Profit | $486.55 | 45.56% | |
| 2025-03-19 | $1.42 | $2.89 | Stop Loss | $-1,493.90 | -103.53% | |
| 2025-03-26 | $0.35 | $0.48 | Take Profit | $99.20 | 35.73% | |
| 2025-04-02 | $0.10 | $0.05 | Stop Loss | $-76.00 | -50.00% | |
| 2025-04-09 | $2.21 | $4.46 | Stop Loss | $-2,281.30 | -102.27% | |
| 2025-04-16 | $6.23 | $3.17 | Take Profit | $3,040.20 | 49.20% | |
| 2025-04-23 | $4.29 | $2.20 | Take Profit | $2,069.85 | 48.83% | |
| 2025-05-14 | $1.48 | $0.79 | Take Profit | $662.50 | 46.61% | |
| 2025-05-21 | $0.33 | $0.22 | Take Profit | $90.55 | 34.99% | |
| 2025-04-30 | $1.49 | $0.00 | Expiration | $-1,519.50 | -100.00% | |
| 2025-05-07 | $0.92 | $0.00 | Expiration | $-945.50 | -100.00% | |
| 2025-05-28 | $4.18 | $2.14 | Take Profit | $2,011.90 | 48.80% | |
| 2025-06-25 | $0.10 | $0.05 | Stop Loss | $-76.00 | -50.00% | |
| 2025-06-18 | $0.96 | $0.53 | Take Profit | $403.50 | 44.79% | |
| 2025-07-16 | $0.10 | $0.05 | Stop Loss | $-76.00 | -50.00% | |
| 2025-07-02 | $2.45 | $1.28 | Take Profit | $1,150.80 | 47.96% | |
| 2025-06-11 | $0.37 | $0.00 | Expiration | $-397.20 | -100.00% | |
| 2025-07-09 | $1.00 | $0.55 | Take Profit | $424.85 | 45.01% | |
| 2025-07-23 | $1.31 | $0.70 | Take Profit | $577.75 | 46.18% | |
| 2025-07-30 | $2.23 | $1.16 | Take Profit | $1,036.80 | 47.75% | |
| 2025-08-20 | $0.80 | $0.45 | Take Profit | $323.10 | 43.74% | |
| 2025-08-13 | $2.08 | $1.09 | Take Profit | $966.00 | 47.60% | |
| 2025-08-27 | $1.07 | $0.58 | Take Profit | $456.95 | 45.31% | |
| 2025-09-17 | $0.10 | $0.05 | Stop Loss | $-76.00 | -50.00% | |
| 2025-08-06 | $2.67 | $0.00 | Expiration | $-2,695.10 | -100.00% | |
| 2025-09-10 | $1.67 | $0.89 | Take Profit | $760.20 | 47.01% | |
| 2025-09-03 | $1.34 | $0.00 | Expiration | $-1,361.00 | -100.00% | |
| 2025-10-01 | $4.14 | $2.12 | Take Profit | $1,994.10 | 48.79% | |
| 2025-10-15 | $0.60 | $0.35 | Take Profit | $223.30 | 41.65% | |
| 2025-10-22 | $0.67 | $0.39 | Take Profit | $261.15 | 42.58% | |
| 2025-09-24 | $0.67 | $0.00 | Expiration | $-691.20 | -100.00% | |
| 2025-10-29 | $1.09 | $2.23 | Stop Loss | $-1,167.50 | -104.58% | |
| 2025-10-08 | $0.39 | $0.54 | Take Profit | $120.50 | 37.28% | |
| 2025-11-05 | $2.00 | $4.05 | Stop Loss | $-2,075.20 | -102.50% | |
| 2025-11-12 | $0.32 | $0.44 | Take Profit | $86.30 | 34.60% | |
| 2025-11-19 | $0.88 | $0.49 | Take Profit | $364.55 | 44.33% | |
| 2025-11-26 | $2.65 | $0.05 | Backtest Finished | $-2,621.80 | -98.11% | |
| 2025-12-03 | $1.40 | $0.05 | Backtest Finished | $-1,376.50 | -96.43% | |
| 2025-12-10 | $0.68 | $0.05 | Backtest Finished | $603.50 | 92.64% |
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