Long Straddle
Long Straddle • Dec 10, 2020 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Long Straddle strategy on QQQ from Dec 10, 2020 - Dec 10, 2025, placing 260 trades that stayed open for an average of 50 days. The results were impressive - winning 93.85% of the time (244 wins vs 16 losses), which shows remarkable consistency. This translated to $196,680.91 in total profits. On average, each position made $756.47. When annualized, that's a 24.3% return (CAGR), which suggests strong growth potential if maintained over time. Impressively, the maximum drawdown was only 9.2%, showing excellent risk control. With a Sharpe ratio of 12.68, the returns were excellent relative to the risk taken. The strategy managed to keep 55.8% 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 |
|---|---|---|---|---|---|---|
| 2021-01-29 | $10.77 | $5.44 | Take Profit | $530.98 | 49.54% | |
| 2021-01-08 | $10.05 | $5.08 | Take Profit | $495.14 | 49.50% | |
| 2021-01-15 | $10.16 | $5.13 | Take Profit | $500.15 | 49.51% | |
| 2021-02-05 | $8.01 | $4.05 | Take Profit | $392.83 | 49.38% | |
| 2021-02-23 | $19.00 | $9.55 | Take Profit | $942.29 | 49.74% | |
| 2021-01-22 | $8.37 | $0.05 | Early Exit | $829.53 | 99.40% | |
| 2021-02-26 | $14.04 | $7.07 | Take Profit | $694.62 | 49.64% | |
| 2021-03-02 | $9.76 | $4.93 | Take Profit | $480.58 | 49.49% | |
| 2021-03-05 | $14.51 | $7.31 | Take Profit | $718.03 | 49.66% | |
| 2021-02-19 | $13.88 | $6.99 | Take Profit | $686.31 | 49.64% | |
| 2021-03-25 | $7.11 | $3.60 | Take Profit | $347.82 | 49.30% | |
| 2021-04-01 | $8.28 | $4.19 | Take Profit | $406.21 | 49.40% | |
| 2021-02-12 | $9.88 | $0.05 | Early Exit | $980.48 | 99.49% | |
| 2021-03-19 | $12.47 | $6.28 | Take Profit | $615.82 | 49.60% | |
| 2021-04-09 | $8.33 | $4.21 | Take Profit | $408.77 | 49.40% | |
| 2021-03-26 | $8.19 | $4.14 | Take Profit | $401.88 | 49.39% | |
| 2021-03-31 | $10.30 | $5.20 | Take Profit | $507.61 | 49.51% | |
| 2021-03-30 | $9.30 | $4.70 | Take Profit | $457.58 | 49.46% | |
| 2021-04-16 | $7.22 | $3.66 | Take Profit | $353.41 | 49.31% | |
| 2021-04-22 | $6.62 | $3.36 | Take Profit | $323.28 | 49.24% | |
| 2021-04-27 | $8.82 | $4.46 | Take Profit | $433.54 | 49.43% | |
| 2021-04-23 | $11.64 | $5.87 | Take Profit | $574.63 | 49.57% | |
| 2021-04-30 | $14.87 | $7.48 | Take Profit | $735.90 | 49.66% | |
| 2021-05-17 | $11.88 | $5.99 | Take Profit | $586.42 | 49.58% | |
| 2021-05-21 | $8.91 | $4.51 | Take Profit | $437.94 | 49.44% | |
| 2021-05-07 | $4.61 | $0.05 | Early Exit | $453.32 | 98.92% | |
| 2021-05-13 | $14.67 | $0.05 | Early Exit | $1,458.97 | 99.66% | |
| 2021-05-14 | $12.58 | $0.05 | Early Exit | $1,250.44 | 99.60% | |
| 2021-05-24 | $11.05 | $8.26 | Early Exit | $276.40 | 25.24% | |
| 2021-05-28 | $14.73 | $25.77 | Early Exit | $-1,106.82 | -74.97% | |
| 2021-06-02 | $11.58 | $10.54 | Early Exit | $101.46 | 8.98% | |
| 2021-06-04 | $14.47 | $10.19 | Early Exit | $425.91 | 29.61% | |
| 2021-07-09 | $3.89 | $2.00 | Take Profit | $186.99 | 48.72% | |
| 2021-06-10 | $11.82 | $0.05 | Early Exit | $1,174.32 | 99.58% | |
| 2021-06-11 | $10.09 | $0.05 | Early Exit | $1,001.72 | 99.50% | |
| 2021-06-25 | $6.35 | $0.05 | Early Exit | $627.06 | 99.21% | |
| 2021-08-05 | $5.72 | $2.91 | Take Profit | $278.46 | 49.13% | |
| 2021-07-30 | $10.95 | $5.52 | Take Profit | $539.87 | 49.54% | |
| 2021-08-06 | $11.58 | $5.84 | Take Profit | $571.43 | 49.57% | |
| 2021-08-13 | $12.98 | $6.54 | Take Profit | $641.49 | 49.61% | |
| 2021-08-20 | $13.71 | $6.91 | Take Profit | $678.04 | 49.64% | |
| 2021-09-10 | $16.17 | $8.14 | Take Profit | $800.91 | 49.69% | |
| 2021-09-21 | $7.46 | $3.78 | Take Profit | $365.58 | 49.33% | |
| 2021-09-09 | $12.48 | $6.29 | Take Profit | $616.26 | 49.60% | |
| 2021-09-14 | $16.01 | $8.05 | Take Profit | $792.85 | 49.69% | |
| 2021-09-03 | $10.39 | $5.24 | Take Profit | $511.86 | 49.52% | |
| 2021-08-27 | $7.05 | $0.05 | Early Exit | $697.85 | 99.29% | |
| 2021-09-24 | $10.71 | $6.69 | Early Exit | $399.13 | 37.52% | |
| 2021-10-01 | $9.53 | $0.05 | Early Exit | $945.25 | 99.48% | |
| 2021-10-07 | $13.88 | $15.03 | Early Exit | $-118.40 | -8.35% |