Short Strangles

Neutral

Alias of short strangle (short_strangle).

Performance across all datasets

SymbolReturn %SharpeMax DD %Win %Avg/trade %Trades
SPY-16.1%-0.35+19.5%+63.2%-0.8%19
QQQ-31.7%-0.45+34.7%+52.6%-1.7%19
IWM-40.7%-0.69+38.0%+52.6%-2.1%19
DIA+9.6%0.35+5.4%+73.7%+0.5%19
Avg-19.7%-0.29+24.4%+60.5%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