| Filter | Status |
|---|---|
| None — all days traded | |
| Avg credit ratio (traded days) | 0.355 (19.53/55) |
| Avg straddle % of META (traded days) | 3.391% |
| Leg | Strike | Action | Role |
|---|---|---|---|
| Long Put | ATM − $55 | Buy | Outer put wing — defines max loss on downside |
| Short Put | ATM | Sell | ATM short — max profit zone (butterfly body) |
| Short Call | ATM | Sell | ATM short — max profit zone (butterfly body) |
| Long Call | ATM + $55 | Buy | Outer call wing — defines max loss on upside |
| Net credit at open (9:40 ET) | Max profit = credit × 100 × 40 (at expiry if QQQ = ATM) |
| QQQ moves > $10 from ATM | Max loss = ($55 − credit) × 100 × 7 |
| Avg net credit collected | $19.5277 per share |
| Auto-exit profit target | Close if P&L ≥ +90% of max profit |
| Auto-exit stop loss | Close if P&L ≤ −80% of max profit |
| Average winner | +$1,351 |
| Average loser | $-3,152 |
| Best trade | +$4,123 (2026-06-23) |
| Worst trade | $-20,433 (2026-07-09) |
| Total gross wins | +$24,311 |
| Total gross losses | $-37,828 |
Total P&L of $-13,517 over 30 trades. Elevated QQQ realized volatility caused frequent wing breaches during this period.
The live script monitors positions every 5 minutes and can exit intraday. This backtest applies +90%/−80% thresholds at the 14:20 ET bar close only, understating how often stops would trigger intraday. Real performance may differ.
With META trading near $600–700, a ±$55 wing is approximately 8% of price. In high-volatility periods META can move more than $55 intraday, especially around earnings. Consider widening wings (±$65–$80) or reducing QTY for live trading.
📋 Full Trade Log is not displayed on mobile devices to prevent page freezing. View this report on a desktop browser to see all 30 trades.
| Date | Day | Expiry | META Open | ATM | LP/SP/SC/LC | Credit Open | Cr/Wing | Straddle% | Credit Close | P&L | Cum P&L | Exit |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-01-23 | Friday | 2026-01-30 | $650.31 | 650 | 595/650/650/705 | $34.6500 | 0.630 | 6.758% | $30.9100 | +$2,618 | +$2,618 | SCHED |
| 2026-02-05 | Thursday | 2026-02-06 | $669.73 | 670 | 615/670/670/725 | $16.0500 | 0.292 | 2.471% | $13.3300 | +$1,904 | +$4,522 | SCHED |
| 2026-02-19 | Thursday | 2026-02-20 | $639.84 | 640 | 585/640/640/695 | $13.3500 | 0.243 | 2.126% | $11.0900 | +$1,582 | +$6,104 | SCHED |
| 2026-02-24 | Tuesday | 2026-02-27 | $634.52 | 635 | 580/635/635/690 | $18.5000 | 0.336 | 3.034% | $17.3100 | +$833 | +$6,937 | SCHED |
| 2026-02-25 | Wednesday | 2026-02-27 | $645.36 | 645 | 590/645/645/700 | $14.4200 | 0.262 | 2.286% | $13.8000 | +$434 | +$7,371 | SCHED |
| 2026-03-02 | Monday | 2026-03-06 | $644.58 | 645 | 590/645/645/700 | $19.8600 | 0.361 | 3.275% | $21.7600 | $-1,330 | +$6,041 | SCHED |
| 2026-03-04 | Wednesday | 2026-03-06 | $660.29 | 660 | 605/660/660/715 | $16.8200 | 0.306 | 2.614% | $17.5600 | $-518 | +$5,523 | SCHED |
| 2026-03-06 | Friday | 2026-03-13 | $640.02 | 640 | 585/640/640/695 | $26.8700 | 0.488 | 4.572% | $25.2300 | +$1,148 | +$6,671 | SCHED |
| 2026-03-11 | Wednesday | 2026-03-13 | $655.34 | 655 | 600/655/655/710 | $14.4900 | 0.264 | 2.252% | $12.3000 | +$1,533 | +$8,204 | SCHED |
| 2026-03-12 | Thursday | 2026-03-13 | $649.66 | 650 | 595/650/650/705 | $11.6000 | 0.211 | 1.812% | $13.9100 | $-1,617 | +$6,587 | SCHED |
| 2026-03-13 | Friday | 2026-03-20 | $620.24 | 620 | 565/620/620/675 | $24.4300 | 0.444 | 4.264% | $24.0400 | +$273 | +$6,860 | SCHED |
| 2026-03-16 | Monday | 2026-03-20 | $629.99 | 630 | 575/630/630/685 | $20.6300 | 0.375 | 3.465% | $18.6300 | +$1,400 | +$8,260 | SCHED |
| 2026-03-18 | Wednesday | 2026-03-20 | $619.77 | 620 | 565/620/620/675 | $14.5200 | 0.264 | 2.380% | $13.2400 | +$896 | +$9,156 | SCHED |
| 2026-04-07 | Tuesday | 2026-04-10 | $570.28 | 570 | 515/570/570/625 | $17.9600 | 0.327 | 3.274% | $18.2900 | $-231 | +$8,925 | SCHED |
| 2026-04-17 | Friday | 2026-04-24 | $680.22 | 680 | 625/680/680/735 | $22.1200 | 0.402 | 3.469% | $21.1700 | +$665 | +$9,590 | SCHED |
| 2026-04-20 | Monday | 2026-04-24 | $674.54 | 675 | 620/675/675/730 | $20.8200 | 0.379 | 3.269% | $19.1700 | +$1,155 | +$10,745 | SCHED |
| 2026-04-23 | Thursday | 2026-04-24 | $664.69 | 665 | 610/665/665/720 | $12.9300 | 0.235 | 1.971% | $11.5100 | +$994 | +$11,739 | SCHED |
| 2026-04-24 | Friday | 2026-05-01 | $660.35 | 660 | 605/660/660/715 | $35.8300 | 0.651 | 7.466% | $37.3100 | $-1,036 | +$10,703 | SCHED |
| 2026-05-06 | Wednesday | 2026-05-08 | $600.26 | 600 | 545/600/600/655 | $13.9600 | 0.254 | 2.357% | $16.6000 | $-1,848 | +$8,855 | SCHED |
| 2026-05-08 | Friday | 2026-05-15 | $615.20 | 615 | 560/615/615/670 | $20.4300 | 0.371 | 3.495% | $18.4300 | +$1,400 | +$10,255 | SCHED |
| 2026-05-21 | Thursday | 2026-05-22 | $599.92 | 600 | 545/600/600/655 | $10.4200 | 0.190 | 1.767% | $10.8600 | $-308 | +$9,947 | SCHED |
| 2026-06-01 | Monday | 2026-06-05 | $619.68 | 620 | 565/620/620/675 | $19.0800 | 0.347 | 3.357% | $29.3800 | $-7,210 | +$2,737 | SCHED |
| 2026-06-03 | Wednesday | 2026-06-05 | $609.90 | 610 | 555/610/610/665 | $17.3600 | 0.316 | 3.017% | $17.7300 | $-259 | +$2,478 | SCHED |
| 2026-06-08 | Monday | 2026-06-12 | $584.60 | 585 | 530/585/585/640 | $22.1900 | 0.404 | 4.123% | $18.6600 | +$2,471 | +$4,949 | SCHED |
| 2026-06-23 | Tuesday | 2026-06-26 | $569.65 | 570 | 515/570/570/625 | $23.0800 | 0.420 | 4.190% | $17.1900 | +$4,123 | +$9,072 | SCHED |
| 2026-06-30 | Tuesday | 2026-07-10 | $555.28 | 555 | 500/555/555/610 | $24.5800 | 0.447 | 4.817% | $23.3900 | +$833 | +$9,905 | SCHED |
| 2026-07-02 | Thursday | 2026-07-10 | $599.85 | 600 | 545/600/600/655 | $23.5700 | 0.428 | 4.314% | $26.0400 | $-1,729 | +$8,176 | SCHED |
| 2026-07-06 | Monday | 2026-07-10 | $585.47 | 585 | 530/585/585/640 | $21.0300 | 0.382 | 3.782% | $22.9000 | $-1,309 | +$6,867 | SCHED |
| 2026-07-09 | Thursday | 2026-07-10 | $585.36 | 585 | 530/585/585/640 | $14.1500 | 0.257 | 2.451% | $43.3400 | $-20,433 | $-13,566 | ✗ SL80 |
| 2026-07-22 | Wednesday | 2026-07-24 | $635.30 | 635 | 580/635/635/690 | $20.1300 | 0.366 | 3.313% | $20.0600 | +$49 | $-13,517 | SCHED |