Iron Condor
Iron Condor • Jan 8, 2018 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPX from Jan 8, 2018 - Dec 10, 2025, placing 379 trades that stayed open for an average of 15 days. With a solid 63.59% win rate (241 winners and 138 losers), the strategy proved reliable. This translated to $2,343,884.45 in total profits. On average, each position made $6,184.39. When annualized, that's a 49.7% return (CAGR), which suggests strong growth potential if maintained over time. The journey was quite volatile though - at its worst, the account was down 74.5%, which would require strong conviction to ride out. The Sharpe ratio of 0.89 shows modest risk-adjusted performance. Overall, this is a viable strategy that could be improved with some fine-tuning.
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Trade Log
| Date | Entry | Exit | Exit Reason | P&L | Return | Action |
|---|---|---|---|---|---|---|
| 2018-01-17 | $5.42 | $2.76 | Take Profit | $2,609.25 | 49.08% | |
| 2018-01-10 | $19.61 | $22.58 | Early Exit | $-3,024.50 | -15.16% | |
| 2018-01-31 | $4.12 | $8.30 | Stop Loss | $-4,225.90 | -101.21% | |
| 2018-01-24 | $35.42 | $61.61 | EMA Exit | $-26,243.80 | -73.96% | |
| 2018-02-07 | $36.03 | $42.88 | EMA Exit | $-6,906.20 | -19.03% | |
| 2018-02-14 | $16.78 | $13.29 | Early Exit | $3,436.00 | 20.78% | |
| 2018-02-28 | $17.21 | $8.65 | Take Profit | $8,500.55 | 49.71% | |
| 2018-02-21 | $19.05 | $14.00 | Early Exit | $5,003.00 | 26.53% | |
| 2018-03-14 | $1.75 | $3.56 | Stop Loss | $-1,854.50 | -102.85% | |
| 2018-03-07 | $26.39 | $45.36 | EMA Exit | $-19,021.20 | -71.89% | |
| 2018-03-21 | $40.80 | $63.90 | EMA Exit | $-23,155.60 | -56.63% | |
| 2018-03-28 | $24.52 | $16.13 | Early Exit | $8,339.40 | 34.23% | |
| 2018-04-04 | $26.16 | $13.13 | Take Profit | $12,978.95 | 49.81% | |
| 2018-04-11 | $25.98 | $13.04 | Take Profit | $12,889.05 | 49.81% | |
| 2018-04-25 | $5.72 | $2.91 | Take Profit | $2,758.45 | 49.13% | |
| 2018-05-02 | $29.58 | $28.41 | Early Exit | $1,113.30 | 3.94% | |
| 2018-05-16 | $8.59 | $4.34 | Take Profit | $4,190.85 | 49.42% | |
| 2018-05-23 | $4.16 | $2.13 | Take Profit | $1,976.45 | 48.80% | |
| 2018-05-09 | $15.99 | $14.47 | Early Exit | $1,469.00 | 9.51% | |
| 2018-05-30 | $15.03 | $0.05 | Early Exit | $14,926.90 | 99.67% | |
| 2018-06-13 | $11.58 | $5.84 | Take Profit | $5,689.55 | 49.57% | |
| 2018-06-06 | $19.83 | $16.56 | Early Exit | $3,222.90 | 16.51% | |
| 2018-06-20 | $19.11 | $9.61 | Take Profit | $9,454.80 | 49.74% | |
| 2018-06-27 | $11.94 | $0.05 | Early Exit | $11,838.00 | 99.58% | |
| 2018-07-11 | $8.23 | $0.05 | Early Exit | $-8,234.70 | -99.39% | |
| 2018-07-18 | $14.16 | $13.72 | Early Exit | $381.50 | 3.06% | |
| 2018-07-25 | $15.08 | $0.05 | Early Exit | $14,977.10 | 99.67% | |
| 2018-08-01 | $15.57 | $20.95 | Early Exit | $-5,425.90 | -34.51% | |
| 2018-08-08 | $16.23 | $32.50 | Stop Loss | $-16,328.30 | -100.31% | |
| 2018-08-15 | $22.96 | $45.97 | Stop Loss | $-23,062.80 | -100.22% | |
| 2018-08-29 | $0.86 | $1.23 | Take Profit | $326.15 | 44.16% | |
| 2018-08-22 | $8.83 | $0.05 | Early Exit | $8,726.50 | 99.43% | |
| 2018-09-05 | $12.53 | $13.93 | Early Exit | $-1,459.60 | -11.24% | |
| 2018-10-03 | $1.44 | $0.77 | Take Profit | $616.25 | 46.52% | |
| 2018-09-12 | $10.76 | $12.33 | Early Exit | $-1,626.20 | -14.63% | |
| 2018-09-26 | $9.10 | $18.26 | Stop Loss | $-9,206.60 | -100.55% | |
| 2018-09-19 | $11.66 | $0.05 | EMA Exit | $11,562.50 | 99.57% | |
| 2018-10-10 | $2.76 | $5.57 | Stop Loss | $-2,863.70 | -101.81% | |
| 2018-10-17 | $26.95 | $16.44 | EMA Exit | $10,455.80 | 39.00% | |
| 2018-10-31 | $36.69 | $0.05 | Early Exit | $36,587.30 | 99.86% | |
| 2018-11-21 | $0.78 | $1.11 | Take Profit | $285.90 | 43.56% | |
| 2018-11-07 | $31.64 | $24.44 | Early Exit | $7,145.30 | 22.75% | |
| 2018-11-14 | $23.20 | $0.05 | Early Exit | $23,101.30 | 99.78% | |
| 2018-11-28 | $40.64 | $0.05 | EMA Exit | $40,536.10 | 99.88% | |
| 2018-12-12 | $27.43 | $49.27 | EMA Exit | $-21,899.20 | -79.66% | |
| 2018-12-26 | $35.74 | $0.05 | Early Exit | $35,633.80 | 99.86% | |
| 2019-01-02 | $24.76 | $0.05 | Early Exit | $24,660.60 | 99.80% | |
| 2019-01-09 | $23.05 | $46.15 | Stop Loss | $-23,150.40 | -100.22% | |
| 2019-01-16 | $19.98 | $19.42 | Early Exit | $502.90 | 2.78% | |
| 2019-02-06 | $2.82 | $4.17 | Take Profit | $1,305.70 | 48.22% |
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