Short Call Condor

Volatility

Inverse of long call condor.

Performance across all datasets

SymbolReturn %SharpeMax DD %Win %Avg/trade %Trades
SPY-2711.5%-3.56+2540.1%+0.0%-142.7%19
QQQ-2538.6%-3.35+2371.0%+0.0%-133.6%19
IWM-2484.9%-3.54+2410.8%+0.0%-130.8%19
DIA-2567.1%-4.25+2414.2%+0.0%-135.1%19
Avg-2575.5%-3.67+2434.0%+0.0%—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)