Iron Condor
Iron Condor • Jan 1, 2020 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Iron Condor strategy on SPX from Jan 1, 2020 - Dec 10, 2025, placing 298 trades that stayed open for an average of 4 days. With a solid 61.41% win rate (183 winners and 115 losers), the strategy proved reliable. This translated to $2,027,755.86 in total profits. On average, each position made $6,804.55. When annualized, that's a 67.3% return (CAGR), which suggests strong growth potential if maintained over time. The journey was quite volatile though - at its worst, the account was down 40.4%, which would require strong conviction to ride out. The Sharpe ratio of 1.32 suggests the returns were worth the risk. 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 |
|---|---|---|---|---|---|---|
| 2020-01-03 | $3.52 | $2.57 | Early Exit | $4,527.00 | 27.18% | |
| 2020-01-10 | $0.23 | $0.39 | Stop Loss | $-1,078.25 | -72.00% | |
| 2020-01-17 | $1.42 | $0.05 | Early Exit | $-7,102.50 | -96.48% | |
| 2020-01-24 | $2.98 | $0.05 | Early Exit | $14,391.00 | 98.32% | |
| 2020-01-31 | $1.04 | $1.61 | Stop Loss | $-3,114.25 | -54.80% | |
| 2020-02-07 | $11.06 | $0.05 | Early Exit | $20,826.66 | 99.55% | |
| 2020-02-14 | $3.43 | $2.11 | Take Profit | $6,354.00 | 38.54% | |
| 2020-02-21 | $11.85 | $0.05 | Early Exit | $25,842.08 | 99.58% | |
| 2020-02-28 | $6.92 | $10.44 | Stop Loss | $-16,394.17 | -50.72% | |
| 2020-03-06 | $21.68 | $13.06 | Take Profit | $11,141.78 | 39.77% | |
| 2020-03-13 | $7.84 | $11.81 | Stop Loss | $-15,685.80 | -50.64% | |
| 2020-03-20 | $13.85 | $10.13 | Early Exit | $7,335.60 | 26.87% | |
| 2020-03-27 | $1.69 | $2.58 | Stop Loss | $-4,727.50 | -52.96% | |
| 2020-04-03 | $21.92 | $30.64 | Take Profit | $10,401.02 | 39.77% | |
| 2020-04-17 | $40.39 | $20.14 | Stop Loss | $-14,207.48 | -50.12% | |
| 2020-04-24 | $11.69 | $7.79 | Early Exit | $8,858.68 | 33.40% | |
| 2020-05-01 | $11.43 | $5.67 | Stop Loss | $-14,548.00 | -50.44% | |
| 2020-05-08 | $10.70 | $0.05 | Early Exit | $25,441.92 | 99.53% | |
| 2020-05-15 | $3.07 | $0.05 | Early Exit | $14,838.00 | 98.37% | |
| 2020-05-22 | $4.28 | $0.05 | Early Exit | $20,894.00 | 98.83% | |
| 2020-05-29 | $10.73 | $5.39 | Early Exit | $-19,399.68 | -49.73% | |
| 2020-06-05 | $22.51 | $19.11 | Early Exit | $5,018.85 | 15.10% | |
| 2020-06-12 | $31.41 | $43.92 | Take Profit | $13,708.46 | 39.84% | |
| 2020-06-19 | $12.59 | $17.57 | Take Profit | $14,800.32 | 39.60% | |
| 2020-06-26 | $7.82 | $8.32 | Early Exit | $-2,723.50 | -6.30% | |
| 2020-07-10 | $10.09 | $5.00 | Stop Loss | $-20,594.20 | -50.50% | |
| 2020-07-17 | $3.57 | $1.74 | Stop Loss | $-9,438.50 | -51.40% | |
| 2020-07-24 | $3.45 | $2.12 | Take Profit | $6,397.60 | 38.55% | |
| 2020-07-31 | $4.70 | $2.87 | Take Profit | $8,890.20 | 38.94% | |
| 2020-08-07 | $8.71 | $6.19 | Early Exit | $10,582.73 | 28.87% | |
| 2020-08-14 | $2.35 | $1.13 | Stop Loss | $-6,392.50 | -52.12% | |
| 2020-08-21 | $5.36 | $8.08 | Stop Loss | $-13,900.75 | -50.93% | |
| 2020-08-28 | $4.78 | $2.99 | Early Exit | $-9,185.00 | -37.38% | |
| 2020-09-04 | $6.88 | $0.05 | Early Exit | $-33,706.61 | -99.27% | |
| 2020-09-11 | $10.25 | $6.20 | Take Profit | $10,396.26 | 39.51% | |
| 2020-09-18 | $4.95 | $2.42 | Stop Loss | $-12,873.50 | -51.01% | |
| 2020-09-25 | $12.72 | $7.68 | Take Profit | $10,469.93 | 39.61% | |
| 2020-10-02 | $6.25 | $9.42 | Stop Loss | $-14,837.07 | -50.80% | |
| 2020-10-09 | $19.63 | $11.83 | Take Profit | $10,075.68 | 39.75% | |
| 2020-10-16 | $2.81 | $1.74 | Take Profit | $5,115.60 | 38.22% | |
| 2020-10-23 | $7.49 | $0.05 | Early Exit | $28,805.79 | 99.33% | |
| 2020-10-30 | $24.89 | $15.62 | Early Exit | $12,905.48 | 37.24% | |
| 2020-11-06 | $15.05 | $11.90 | Early Exit | $7,426.32 | 20.91% | |
| 2020-11-13 | $5.08 | $3.10 | Take Profit | $9,657.40 | 39.02% | |
| 2020-11-20 | $10.83 | $0.05 | Early Exit | $39,699.89 | 99.54% | |
| 2020-11-27 | $9.00 | $10.33 | Early Exit | $-6,874.50 | -14.70% | |
| 2020-12-04 | $8.19 | $4.97 | Take Profit | $15,875.00 | 39.39% | |
| 2020-12-11 | $9.83 | $7.85 | Early Exit | $9,664.00 | 20.19% | |
| 2020-12-18 | $10.15 | $7.18 | Early Exit | $14,585.00 | 29.24% | |
| 2021-01-08 | $20.85 | $12.56 | Take Profit | $21,416.72 | 39.76% |