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 358 trades that stayed open for an average of 52 days. The results were impressive - winning 94.97% of the time (340 wins vs 18 losses), which shows remarkable consistency. This translated to $279,155.29 in total profits. On average, each position made $779.76. When annualized, that's a 30.6% return (CAGR), which suggests strong growth potential if maintained over time. Impressively, the maximum drawdown was only 8.0%, showing excellent risk control. With a Sharpe ratio of 15.49, the returns were excellent relative to the risk taken. The strategy managed to keep 56.9% 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 |
|---|---|---|---|---|---|---|
| 2021-01-11 | $8.88 | $4.49 | Take Profit | $436.25 | 49.44% | |
| 2021-01-13 | $10.02 | $5.06 | Take Profit | $493.54 | 49.50% | |
| 2020-12-30 | $14.61 | $7.36 | Take Profit | $722.96 | 49.66% | |
| 2021-01-04 | $12.15 | $6.13 | Take Profit | $600.00 | 49.59% | |
| 2021-01-08 | $10.05 | $5.08 | Take Profit | $495.14 | 49.50% | |
| 2020-12-28 | $12.81 | $6.46 | Take Profit | $633.00 | 49.61% | |
| 2021-01-06 | $11.20 | $5.65 | Take Profit | $552.52 | 49.55% | |
| 2021-01-20 | $8.11 | $4.11 | Take Profit | $398.05 | 49.38% | |
| 2021-01-15 | $10.16 | $5.13 | Take Profit | $500.15 | 49.51% | |
| 2021-03-03 | $8.37 | $4.24 | Take Profit | $411.01 | 49.40% | |
| 2021-02-24 | $9.47 | $4.79 | Take Profit | $465.95 | 49.47% | |
| 2021-02-26 | $14.04 | $7.07 | Take Profit | $694.62 | 49.64% | |
| 2021-03-10 | $8.30 | $4.20 | Take Profit | $407.19 | 49.40% | |
| 2021-03-05 | $14.51 | $7.31 | Take Profit | $718.03 | 49.66% | |
| 2021-03-01 | $8.15 | $4.12 | Take Profit | $399.69 | 49.39% | |
| 2021-03-29 | $8.15 | $4.12 | Take Profit | $399.71 | 49.39% | |
| 2021-02-12 | $9.88 | $0.05 | Early Exit | $980.48 | 99.49% | |
| 2021-03-08 | $14.00 | $7.05 | Take Profit | $692.41 | 49.64% | |
| 2021-03-12 | $15.19 | $7.64 | Take Profit | $751.80 | 49.67% | |
| 2021-04-09 | $8.33 | $4.21 | Take Profit | $408.77 | 49.40% | |
| 2021-03-24 | $11.64 | $5.87 | Take Profit | $574.45 | 49.57% | |
| 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% | |
| 2021-04-05 | $9.32 | $4.71 | Take Profit | $458.43 | 49.46% | |
| 2021-04-07 | $5.88 | $2.99 | Take Profit | $286.19 | 49.15% | |
| 2021-04-16 | $7.22 | $3.66 | Take Profit | $353.41 | 49.31% | |
| 2021-04-19 | $6.82 | $3.46 | Take Profit | $333.42 | 49.27% | |
| 2021-05-05 | $5.72 | $2.91 | Take Profit | $278.42 | 49.13% | |
| 2021-05-12 | $8.62 | $4.36 | Take Profit | $423.17 | 49.42% | |
| 2021-05-03 | $12.70 | $6.40 | Take Profit | $627.18 | 49.61% | |
| 2021-05-10 | $8.03 | $4.07 | Take Profit | $393.92 | 49.38% | |
| 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% | |
| 2021-05-14 | $12.58 | $0.05 | Early Exit | $1,250.44 | 99.60% | |
| 2021-05-19 | $16.62 | $18.55 | Early Exit | $-196.19 | -11.65% | |
| 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% | |
| 2021-06-07 | $9.30 | $0.05 | Early Exit | $922.08 | 99.46% | |
| 2021-06-11 | $10.09 | $0.05 | Early Exit | $1,001.72 | 99.50% | |
| 2021-06-14 | $11.85 | $0.05 | Early Exit | $1,177.46 | 99.58% | |
| 2021-06-16 | $11.84 | $0.05 | Early Exit | $1,176.87 | 99.58% | |
| 2021-06-25 | $6.35 | $0.05 | Early Exit | $627.06 | 99.21% | |
| 2021-08-04 | $8.34 | $4.22 | Take Profit | $409.47 | 49.40% | |
| 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% | |
| 2021-08-09 | $9.78 | $4.94 | Take Profit | $481.48 | 49.49% | |
| 2021-08-02 | $17.61 | $12.37 | Early Exit | $521.15 | 29.74% | |
| 2021-08-16 | $8.09 | $4.09 | Take Profit | $396.77 | 49.38% |