Short Strangles

Neutral

Alias of short strangle (short_strangle).

Performance across all datasets

SymbolReturn %SharpeMax DD %Win %Avg/trade %Trades
SPY+82.8%1.78+1.6%+89.5%+4.4%19
QQQ+97.1%1.39+5.1%+89.5%+5.1%19
IWM+93.2%1.42+4.8%+84.2%+4.9%19
DIA+54.6%1.76+2.0%+89.5%+2.9%19
Avg+81.9%1.59+3.4%+88.2%19
Cumulative P&L % — all symbols
Detail:
Cumulative P&L % — SPY

Risk Profile

Max Profit
Credit received
Max Loss
Large on outsized moves
Breakeven
Both sides
Outlook
Range-bound / short vol

Parameters

ParameterDefaultDescription
alias_ofshort_strangleEquivalent strategy id

Methodology

Short volatility premium-selling with OTM strangle.

Implementation

# Alias of short_strangle