Inverse of long put butterfly.
| Symbol | Return % | Sharpe | Max DD % | Win % | Avg/trade % | Trades |
|---|---|---|---|---|---|---|
| SPY | -981.0% | -1.42 | +964.7% | +0.0% | -51.6% | 19 |
| QQQ | -613.8% | -1.12 | +613.4% | +5.3% | -32.3% | 19 |
| IWM | -720.2% | -1.10 | +695.4% | +10.5% | -37.9% | 19 |
| DIA | -1072.7% | -1.68 | +1034.6% | +0.0% | -56.5% | 19 |
| Avg | -846.9% | -1.33 | +827.0% | +3.9% | — | 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 |
A credit setup that gains when expiry moves away from center.
# -P(K3) + 2P(K2) - P(K1)