Iron Condor
Iron Condor • Dec 10, 2022 - Dec 31, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPY from Dec 10, 2022 - Dec 31, 2025, placing 113 trades that stayed open for an average of 23 days. The results were impressive - winning 96.46% of the time (109 wins vs 4 losses), which shows remarkable consistency. This translated to $813,522.19 in total profits. On average, each position made $7,199.31. When annualized, that's a 238.6% return (CAGR), which suggests strong growth potential if maintained over time. The account experienced a 14.0% drawdown at its lowest point, which is moderate but manageable. With a Sharpe ratio of 8.80, the returns were excellent relative to the risk taken. The strategy managed to keep 74.9% 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 |
|---|---|---|---|---|---|---|
| 2022-12-12 | $18.21 | $0.05 | Early Exit | $1,810.64 | 99.73% | |
| 2022-12-19 | $10.13 | $0.05 | Early Exit | $1,002.38 | 99.51% | |
| 2023-01-09 | $13.16 | $0.05 | Early Exit | $1,305.46 | 99.62% | |
| 2023-01-23 | $10.61 | $0.05 | Early Exit | $2,100.82 | 99.53% | |
| 2023-01-30 | $11.34 | $8.55 | Take Profit | $546.58 | 24.56% | |
| 2023-02-06 | $13.06 | $0.05 | Early Exit | $1,295.96 | 99.62% | |
| 2023-02-27 | $15.56 | $11.72 | Take Profit | $378.91 | 24.68% | |
| 2023-03-06 | $12.12 | $0.05 | Early Exit | $2,402.94 | 99.59% | |
| 2023-03-13 | $15.04 | $0.05 | Early Exit | $1,493.48 | 99.67% | |
| 2023-04-03 | $8.31 | $6.28 | Take Profit | $592.73 | 24.40% | |
| 2023-03-27 | $12.42 | $0.05 | Early Exit | $2,463.24 | 99.60% | |
| 2023-04-10 | $10.64 | $8.03 | Take Profit | $767.46 | 24.53% | |
| 2023-04-24 | $11.03 | $8.32 | Take Profit | $796.49 | 24.55% | |
| 2023-05-01 | $11.09 | $8.37 | Take Profit | $801.32 | 24.55% | |
| 2023-05-08 | $7.53 | $0.05 | Early Exit | $2,969.84 | 99.34% | |
| 2023-05-15 | $9.66 | $0.05 | Early Exit | $2,868.03 | 99.48% | |
| 2023-06-05 | $7.00 | $0.05 | Early Exit | $3,448.20 | 99.29% | |
| 2023-06-12 | $9.98 | $0.05 | Early Exit | $3,949.88 | 99.50% | |
| 2023-06-26 | $8.98 | $0.05 | Early Exit | $3,552.56 | 99.44% | |
| 2023-07-03 | $7.62 | $5.76 | Take Profit | $1,081.19 | 24.34% | |
| 2023-07-10 | $5.42 | $4.11 | Take Profit | $1,127.59 | 24.08% | |
| 2023-07-24 | $10.16 | $0.05 | Early Exit | $5,029.25 | 99.51% | |
| 2023-07-31 | $4.23 | $8.51 | Stop Loss | $-4,330.90 | -101.18% | |
| 2023-08-07 | $9.47 | $7.15 | Take Profit | $1,132.34 | 24.47% | |
| 2023-08-21 | $10.17 | $0.05 | Early Exit | $5,036.10 | 99.51% | |
| 2023-08-28 | $8.61 | $6.51 | Take Profit | $1,230.30 | 24.42% | |
| 2023-09-18 | $6.97 | $14.00 | Stop Loss | $-6,368.58 | -100.72% | |
| 2023-09-11 | $8.97 | $0.05 | Early Exit | $5,318.16 | 99.44% | |
| 2023-09-25 | $7.15 | $5.41 | Take Profit | $1,517.47 | 24.30% | |
| 2023-10-02 | $7.94 | $6.00 | Take Profit | $1,317.65 | 24.37% | |
| 2023-10-09 | $10.74 | $8.10 | Take Profit | $1,291.19 | 24.53% | |
| 2023-10-16 | $8.19 | $6.19 | Take Profit | $1,362.39 | 24.39% | |
| 2023-10-30 | $8.57 | $0.05 | Early Exit | $5,927.32 | 99.42% | |
| 2023-11-06 | $10.25 | $0.05 | Early Exit | $6,086.70 | 99.51% | |
| 2023-11-13 | $7.69 | $0.05 | Early Exit | $6,829.11 | 99.35% | |
| 2023-11-27 | $8.08 | $0.05 | Early Exit | $7,183.89 | 99.38% | |
| 2023-12-04 | $8.64 | $0.05 | Early Exit | $7,683.03 | 99.42% | |
| 2023-12-11 | $6.38 | $5.86 | Early Exit | $460.40 | 8.04% | |
| 2024-01-22 | $6.69 | $5.07 | Take Profit | $1,571.25 | 24.25% | |
| 2024-01-08 | $9.48 | $0.05 | Early Exit | $9,378.80 | 99.47% | |
| 2024-01-29 | $11.08 | $0.05 | Early Exit | $9,882.27 | 99.55% | |
| 2024-02-05 | $10.39 | $0.05 | Early Exit | $10,292.50 | 99.52% | |
| 2024-02-12 | $8.84 | $0.05 | Early Exit | $8,735.40 | 99.43% | |
| 2024-02-26 | $11.76 | $0.05 | Early Exit | $11,661.90 | 99.57% | |
| 2024-03-04 | $9.75 | $0.05 | Early Exit | $9,645.40 | 99.49% | |
| 2024-03-11 | $10.59 | $9.36 | Early Exit | $1,178.60 | 11.62% | |
| 2024-03-25 | $10.16 | $0.05 | Early Exit | $10,060.30 | 99.51% | |
| 2024-04-01 | $4.79 | $0.05 | Early Exit | $4,686.20 | 98.96% | |
| 2024-04-08 | $11.33 | $0.05 | Early Exit | $11,226.90 | 99.56% | |
| 2024-04-22 | $7.08 | $0.05 | Early Exit | $6,980.10 | 99.29% |