Short Call Condor

Volatility

Inverse of long call condor.

Performance across all datasets

SymbolReturn %SharpeMax DD %Win %Avg/trade %Trades
SPY-1761.4%-2.40+1639.5%+0.0%-92.7%19
QQQ-1366.1%-1.70+1320.5%+0.0%-71.9%19
IWM-1200.8%-1.17+1076.7%+5.3%-63.2%19
DIA-2202.2%-3.34+2063.2%+0.0%-115.9%19
Avg-1632.6%-2.15+1525.0%+1.3%19
Cumulative P&L % — all symbols
Detail:
Cumulative P&L % — SPY

Risk Profile

Max Profit
Net credit
Max Loss
In center zone
Breakeven
Around condor body
Outlook
Breakout / long vol

Parameters

ParameterDefaultDescription
inner_width5%Distance between short strikes

Methodology

Credit trade that prefers movement outside the long condor zone.

Implementation

# -C(K1)+C(K2)+C(K3)-C(K4)