Short Put Condor

Volatility

Inverse of long put condor.

Performance across all datasets

SymbolReturn %SharpeMax DD %Win %Avg/trade %Trades
SPY-1361.7%-1.76+1260.0%+0.0%-71.7%19
QQQ-1161.5%-1.49+1037.8%+5.3%-61.1%19
IWM-1055.0%-1.38+1006.8%+0.0%-55.5%19
DIA-1293.9%-1.83+1246.9%+0.0%-68.1%19
Avg-1218.0%-1.61+1137.9%+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 setup with gains from movement away from center.

Implementation

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