Sell 1 higher put, buy 2 lower puts.
| Symbol | Return % | Sharpe | Max DD % | Win % | Avg/trade % | Trades |
|---|---|---|---|---|---|---|
| SPY | -3775.9% | -0.17 | +4947.7% | +26.3% | -198.7% | 19 |
| QQQ | -2156.7% | -0.81 | +2056.7% | +5.3% | -113.5% | 19 |
| IWM | -2022.2% | -0.32 | +1688.1% | +21.1% | -106.4% | 19 |
| DIA | +1060.7% | 0.14 | +911.8% | +89.5% | +55.8% | 19 |
| Avg | -1723.5% | -0.29 | +2401.1% | +35.5% | — | 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 |
|---|---|---|
| ratio | 1x2 | Short/long put ratio |
Backspread for downside convexity; profits in sharp selloffs and often carries limited upside risk.
# -P(K1) + 2P(K2)