Performance Summary & Analysis
| 🎯 Profit Target | ≥ 50% of max profit | Lock in gains early |
| 🏆 Max Profit Exit | ≥ 90% of max profit | Near full potential |
| 🛑 Stop Loss | ≤ -80% of max profit | Cut losses |
| 📅 Scheduled (Thursday) | ~60% |
| 🎯 50% Profit Target | ~25% |
| 🏆 90% Max Profit | ~3% |
| 🛑 Stop Loss (-80%) | ~7% |
| 📆 Expiry (Fri close) | ~5% |
| Average Win | +$4,875.11 |
| Largest Win | +$17,974.63 |
| Best Trade Date | Nov 17-20, 2025 |
| Total Wins | +$414,384 |
| Average Loss | -$4,702.44 |
| Largest Loss | -$12,678.83 |
| Worst Trade Date | Jul 22-25, 2024 |
| Total Losses | -$277,444 |
| Metric | Value | % of Capital | Assessment |
|---|---|---|---|
| Max Risk per Trade | ~$12,000 | 2.3% | ✓ Conservative |
| Max Drawdown | $32,414 | 6.3% | ✓ Acceptable |
| Worst Single Loss | $12,679 | 2.5% | ✓ Manageable |
| 3-Year Return | $136,940 | 26.7% | ✓ Strong |
| Metric | 20 Contracts | 25 Contracts | Difference |
|---|---|---|---|
| Total P&L | $109,552 | $136,940 | +$27,388 |
| Avg P&L/Trade | $761 | $951 | +$190 |
| Max Drawdown | $25,931 | $32,414 | +$6,483 |
| % of $513K at Risk | 1.9% | 2.3% | +0.4% |
| BUY (Long options) | Ask price |
| SELL (Short options) | Bid price |
Using actual bid/ask spread provides realistic fill estimates vs. optimistic midpoint pricing.
59% win rate with 1.49 profit factor demonstrates edge over 144 trades across varying market conditions.
Sharpe ratio of 1.24 indicates favorable returns relative to volatility. Max drawdown of 6.3% is well within tolerance.
Live trade (Jan 2026) returned +$2,775 vs backtest prediction of +$1,375 — live outperformed 2x.
Strategy suffered during high-vol periods (Aug 2024, Apr 2025). Stop losses limited damage but multiple consecutive losses occurred.
35% of backtest used theoretical pricing. Actual results may vary for older periods without SIP data.
For $513,238 account