Put-version butterfly centered near ATM.
| Symbol | Return % | Sharpe | Max DD % | Win % | Avg/trade % | Trades |
|---|---|---|---|---|---|---|
| SPY | +1499.7% | 0.42 | +597.3% | +52.6% | +78.9% | 19 |
| QQQ | +1732.2% | 0.41 | +450.9% | +52.6% | +91.2% | 19 |
| IWM | -63.7% | -0.02 | +800.0% | +31.6% | -3.4% | 19 |
| DIA | +1771.7% | 0.46 | +200.0% | +52.6% | +93.3% | 19 |
| Avg | +1235.0% | 0.32 | +512.0% | +47.4% | — | 19 |
What this shows: Overlayed cumulative return series for this strategy across all available symbols.
How to read it: Look for symbols with smoother curves and faster recoveries to assess whether performance is broad-based or driven by a few outliers.
What this shows: Single-symbol cumulative return path for SPY.
How to read it: Use this detailed view to inspect entry/exit behavior over time and whether drawdowns cluster in specific periods.
| Parameter | Default | Description |
|---|---|---|
| body_strike | ATM | Middle strike |
Same payoff shape as call butterfly, expressed with puts.
# +P(K3) - 2P(K2) + P(K1)