Credit Put Spread
Credit Put Spread • Jan 2, 2022 - Dec 31, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Credit Put Spread strategy on SPX from Jan 2, 2022 - Dec 31, 2025, placing 681 trades that stayed open for an average of 4 days. With a solid 59.91% win rate (408 winners and 273 losers), the strategy proved reliable. This translated to $2,241,985.60 in total profits. On average, each position made $3,292.20. When annualized, that's a 120.2% return (CAGR), which suggests strong growth potential if maintained over time. The journey was quite volatile though - at its worst, the account was down 20.6%, which would require strong conviction to ride out. With a Sharpe ratio of 5.21, the returns were excellent relative to the risk taken. 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 |
|---|---|---|---|---|---|---|
| 2022-01-03 | $4.65 | $5.86 | Stop Loss | $-1,238.63 | -26.08% | |
| 2022-01-04 | $9.92 | $12.45 | Stop Loss | $-2,555.65 | -25.50% | |
| 2022-01-05 | $3.08 | $0.00 | Expiration | $3,058.60 | 100.00% | |
| 2022-01-06 | $6.60 | $0.00 | Expiration | $6,575.50 | 100.00% | |
| 2022-01-12 | $4.25 | $5.36 | Stop Loss | $-1,138.18 | -26.18% | |
| 2022-01-10 | $6.68 | $0.00 | Expiration | $6,650.30 | 100.00% | |
| 2022-01-11 | $5.98 | $16.60 | Expiration | $-10,644.60 | -177.53% | |
| 2022-01-13 | $5.61 | $7.06 | Stop Loss | $-1,477.33 | -25.89% | |
| 2022-01-19 | $7.58 | $9.52 | Stop Loss | $-1,970.45 | -25.66% | |
| 2022-01-24 | $9.48 | $0.00 | Expiration | $9,454.60 | 100.00% | |
| 2022-01-25 | $11.94 | $0.00 | Expiration | $11,911.10 | 100.00% | |
| 2022-01-27 | $9.51 | $0.00 | Expiration | $9,487.80 | 100.00% | |
| 2022-02-01 | $6.49 | $8.16 | Stop Loss | $-1,697.78 | -25.77% | |
| 2022-02-02 | $4.26 | $5.37 | Stop Loss | $-1,140.53 | -26.17% | |
| 2022-01-31 | $7.46 | $0.00 | Expiration | $7,434.30 | 100.00% | |
| 2022-02-03 | $7.17 | $0.00 | Expiration | $7,139.40 | 100.00% | |
| 2022-02-09 | $6.15 | $7.74 | Stop Loss | $-1,614.25 | -25.81% | |
| 2022-02-07 | $14.18 | $17.78 | Stop Loss | $-3,621.13 | -25.35% | |
| 2022-02-08 | $14.79 | $18.54 | Stop Loss | $-3,773.45 | -25.34% | |
| 2022-02-10 | $16.35 | $20.49 | Stop Loss | $-4,164.65 | -25.31% | |
| 2022-02-15 | $7.02 | $8.83 | Stop Loss | $-1,832.10 | -25.71% | |
| 2022-02-16 | $6.45 | $8.12 | Stop Loss | $-1,689.68 | -25.77% | |
| 2022-02-14 | $11.81 | $0.00 | Expiration | $11,779.50 | 100.00% | |
| 2022-02-17 | $7.26 | $0.00 | Expiration | $7,229.50 | 100.00% | |
| 2022-02-22 | $8.87 | $11.13 | Stop Loss | $-2,292.88 | -25.56% | |
| 2022-02-28 | $7.55 | $9.49 | Stop Loss | $-1,964.50 | -25.66% | |
| 2022-02-24 | $7.48 | $0.00 | Expiration | $7,450.50 | 100.00% | |
| 2022-03-02 | $10.30 | $12.92 | Stop Loss | $-2,650.78 | -25.49% | |
| 2022-03-03 | $6.73 | $8.47 | Stop Loss | $-1,759.58 | -25.74% | |
| 2022-03-09 | $12.10 | $15.17 | Stop Loss | $-3,100.20 | -25.41% | |
| 2022-03-10 | $13.61 | $17.06 | Stop Loss | $-3,477.70 | -25.37% | |
| 2022-03-07 | $8.11 | $0.00 | Expiration | $8,088.80 | 100.00% | |
| 2022-03-08 | $11.10 | $0.00 | Expiration | $11,073.20 | 100.00% | |
| 2022-03-14 | $8.70 | $0.00 | Expiration | $8,678.10 | 100.00% | |
| 2022-03-15 | $8.05 | $0.00 | Expiration | $8,027.20 | 100.00% | |
| 2022-03-16 | $8.21 | $0.00 | Expiration | $8,180.60 | 100.00% | |
| 2022-03-17 | $10.04 | $0.00 | Expiration | $10,009.80 | 100.00% | |
| 2022-03-22 | $7.53 | $9.46 | Stop Loss | $-1,958.90 | -25.66% | |
| 2022-03-21 | $13.32 | $0.00 | Expiration | $13,291.90 | 100.00% | |
| 2022-03-23 | $3.83 | $0.00 | Expiration | $3,805.70 | 100.00% | |
| 2022-03-24 | $4.30 | $0.00 | Expiration | $4,272.20 | 100.00% | |
| 2022-03-29 | $7.14 | $8.98 | Stop Loss | $-1,862.03 | -25.70% | |
| 2022-03-30 | $5.67 | $7.14 | Stop Loss | $-1,494.00 | -25.88% | |
| 2022-03-28 | $6.36 | $0.00 | Expiration | $6,336.30 | 100.00% | |
| 2022-04-04 | $7.30 | $9.17 | Stop Loss | $-1,900.63 | -25.69% | |
| 2022-03-31 | $9.15 | $0.00 | Expiration | $9,124.80 | 100.00% | |
| 2022-04-05 | $5.91 | $7.44 | Stop Loss | $-1,553.18 | -25.85% | |
| 2022-04-07 | $14.72 | $18.45 | Stop Loss | $-3,755.30 | -25.34% | |
| 2022-04-06 | $5.48 | $0.00 | Expiration | $5,451.20 | 100.00% | |
| 2022-04-13 | $5.61 | $7.06 | Stop Loss | $-1,477.83 | -25.89% |