| Filter | Status |
|---|---|
| Short strangle ≥ 0.1% of DIA | ✔ Active |
| Avg credit ratio (traded days) | 0.143 (0.72/wing) |
| Avg short strangle % of DIA (traded days) | 0.294% |
| Leg | Strike | Action | Role |
|---|---|---|---|
| Long Put | ATM − $15 | Buy | Outer put wing — defines max loss on downside |
| Short Put | ATM − $10 | Sell | Short put — lower body of condor |
| Short Call | ATM + $10 | Sell | Short call — upper body of condor |
| Long Call | ATM + $15 | Buy | Outer call wing — defines max loss on upside |
| Net credit at open (9:40 ET) | Max profit = credit × 100 × 40 (if DIA stays between ±$10 of ATM) |
| DIA moves > $15 from ATM | Max loss = ($5 − credit) × 100 × 40 |
| Avg net credit collected | $0.7158 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 | +$704 |
| Average loser | $-701 |
| Best trade | +$2,240 (2026-03-19) |
| Worst trade | $-2,840 (2026-06-10) |
| Total gross wins | +$30,280 |
| Total gross losses | $-19,640 |
Total P&L of +$10,640 over 71 trades across Jan–2026-09-15. The iron condor's OTM structure collects premium on DIA while allowing a ±$10 buffer before max loss. DIA's implied volatility typically generates attractive short strangle premiums.
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 DIA, a ±$5 wing on a $10 short spread is a moderate structure. Monitor earnings dates and macro events. Consider widening WING_WIDTH (±$7–$10) 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 71 trades.
| Date | Day | Expiry | DIA Open | ATM | LP/SP/SC/LC | Credit Open | Cr/Wing | Strangle% | Credit Close | P&L | Cum P&L | Exit |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-01-12 | Monday | 2026-01-16 | $492.08 | 492 | 477/482/502/507 | $0.6400 | 0.128 | 0.222% | $0.6100 | +$120 | +$120 | SCHED |
| 2026-01-13 | Tuesday | 2026-01-16 | $494.06 | 494 | 479/484/504/509 | $0.3700 | 0.074 | 0.125% | $0.3500 | +$80 | +$200 | SCHED |
| 2026-01-20 | Tuesday | 2026-01-23 | $487.24 | 487 | 472/477/497/502 | $0.7800 | 0.156 | 0.271% | $0.6400 | +$560 | +$760 | SCHED |
| 2026-01-21 | Wednesday | 2026-01-23 | $486.97 | 487 | 472/477/497/502 | $0.2200 | 0.044 | 0.109% | $0.0500 | +$680 | +$1,440 | SCHED |
| 2026-01-27 | Tuesday | 2026-01-30 | $489.70 | 490 | 475/480/500/505 | $0.5900 | 0.118 | 0.184% | $0.5300 | +$240 | +$1,680 | SCHED |
| 2026-02-02 | Monday | 2026-02-06 | $490.36 | 490 | 475/480/500/505 | $0.8000 | 0.160 | 0.279% | $0.3900 | +$1,640 | +$3,320 | SCHED |
| 2026-02-04 | Wednesday | 2026-02-06 | $494.84 | 495 | 480/485/505/510 | $0.4500 | 0.090 | 0.154% | $0.4900 | $-160 | +$3,160 | SCHED |
| 2026-02-05 | Thursday | 2026-02-06 | $492.02 | 492 | 477/482/502/507 | $0.4700 | 0.094 | 0.173% | $0.2200 | +$1,000 | +$4,160 | SCHED |
| 2026-02-10 | Tuesday | 2026-02-13 | $503.22 | 503 | 488/493/513/518 | $0.4800 | 0.096 | 0.173% | $0.3900 | +$360 | +$4,520 | SCHED |
| 2026-02-17 | Tuesday | 2026-02-20 | $496.18 | 496 | 481/486/506/511 | $0.7300 | 0.146 | 0.296% | $0.3900 | +$1,360 | +$5,880 | SCHED |
| 2026-02-18 | Wednesday | 2026-02-20 | $496.95 | 497 | 482/487/507/512 | $0.4300 | 0.086 | 0.159% | $0.3600 | +$280 | +$6,160 | SCHED |
| 2026-02-23 | Monday | 2026-02-27 | $495.93 | 496 | 481/486/506/511 | $0.8600 | 0.172 | 0.325% | $1.4300 | $-2,280 | +$3,880 | SCHED |
| 2026-02-24 | Tuesday | 2026-02-27 | $490.80 | 491 | 476/481/501/506 | $0.5500 | 0.110 | 0.334% | $0.4200 | +$520 | +$4,400 | SCHED |
| 2026-02-25 | Wednesday | 2026-02-27 | $493.67 | 494 | 479/484/504/509 | $0.2600 | 0.052 | 0.113% | $0.2300 | +$120 | +$4,520 | SCHED |
| 2026-03-02 | Monday | 2026-03-06 | $485.61 | 486 | 471/476/496/501 | $0.9000 | 0.180 | 0.507% | $0.9200 | $-80 | +$4,440 | SCHED |
| 2026-03-03 | Tuesday | 2026-03-06 | $480.61 | 481 | 466/471/491/496 | $1.5100 | 0.302 | 0.614% | $1.3400 | +$680 | +$5,120 | SCHED |
| 2026-03-04 | Wednesday | 2026-03-06 | $484.83 | 485 | 470/475/495/500 | $0.6800 | 0.136 | 0.289% | $0.4500 | +$920 | +$6,040 | SCHED |
| 2026-03-05 | Thursday | 2026-03-06 | $484.88 | 485 | 470/475/495/500 | $0.5200 | 0.104 | 0.188% | $0.6400 | $-480 | +$5,560 | SCHED |
| 2026-03-10 | Tuesday | 2026-03-13 | $477.56 | 478 | 463/468/488/493 | $1.0300 | 0.206 | 0.463% | $1.0200 | +$40 | +$5,600 | SCHED |
| 2026-03-11 | Wednesday | 2026-03-13 | $476.99 | 477 | 462/467/487/492 | $0.7900 | 0.158 | 0.323% | $0.6200 | +$680 | +$6,280 | SCHED |
| 2026-03-12 | Thursday | 2026-03-13 | $469.57 | 470 | 455/460/480/485 | $0.4700 | 0.094 | 0.207% | $0.4300 | +$160 | +$6,440 | SCHED |
| 2026-03-16 | Monday | 2026-03-20 | $470.24 | 470 | 455/460/480/485 | $1.1400 | 0.228 | 0.676% | $1.2800 | $-560 | +$5,880 | SCHED |
| 2026-03-17 | Tuesday | 2026-03-20 | $475.00 | 475 | 460/465/485/490 | $0.8600 | 0.172 | 0.434% | $0.8800 | $-80 | +$5,800 | SCHED |
| 2026-03-19 | Thursday | 2026-03-20 | $459.95 | 460 | 445/450/470/475 | $0.7800 | 0.156 | 0.307% | $0.2200 | +$2,240 | +$8,040 | SCHED |
| 2026-03-25 | Wednesday | 2026-03-27 | $466.33 | 466 | 451/456/476/481 | $0.8200 | 0.164 | 0.307% | $0.6300 | +$760 | +$8,800 | SCHED |
| 2026-03-26 | Thursday | 2026-03-27 | $461.66 | 462 | 447/452/472/477 | $0.4200 | 0.084 | 0.180% | $0.5300 | $-440 | +$8,360 | SCHED |
| 2026-03-30 | Monday | 2026-04-10 | $454.68 | 455 | 440/445/465/470 | $2.9000 | 0.580 | 1.993% | $2.5400 | +$1,440 | +$9,800 | SCHED |
| 2026-04-01 | Wednesday | 2026-04-10 | $466.59 | 467 | 452/457/477/482 | $1.7200 | 0.344 | 1.069% | $1.7800 | $-240 | +$9,560 | SCHED |
| 2026-04-06 | Monday | 2026-04-10 | $464.52 | 465 | 450/455/475/480 | $1.4000 | 0.280 | 0.650% | $1.2800 | +$480 | +$10,040 | SCHED |
| 2026-04-13 | Monday | 2026-04-17 | $475.72 | 476 | 461/466/486/491 | $0.7700 | 0.154 | 0.355% | $1.3800 | $-2,440 | +$7,600 | SCHED |
| 2026-04-14 | Tuesday | 2026-04-17 | $483.92 | 484 | 469/474/494/499 | $0.3900 | 0.078 | 0.169% | $0.4100 | $-80 | +$7,520 | SCHED |
| 2026-04-20 | Monday | 2026-04-24 | $494.23 | 494 | 479/484/504/509 | $0.9200 | 0.184 | 0.330% | $0.7000 | +$880 | +$8,400 | SCHED |
| 2026-04-21 | Tuesday | 2026-04-24 | $496.64 | 497 | 482/487/507/512 | $0.7200 | 0.144 | 0.264% | $0.1900 | +$2,120 | +$10,520 | SCHED |
| 2026-04-22 | Wednesday | 2026-04-24 | $495.31 | 495 | 480/485/505/510 | $0.3800 | 0.076 | 0.129% | $0.2600 | +$480 | +$11,000 | SCHED |
| 2026-04-27 | Monday | 2026-05-01 | $493.08 | 493 | 478/483/503/508 | $0.8400 | 0.168 | 0.349% | $0.7000 | +$560 | +$11,560 | SCHED |
| 2026-04-28 | Tuesday | 2026-05-01 | $493.31 | 493 | 478/483/503/508 | $0.7500 | 0.150 | 0.266% | $0.6900 | +$240 | +$11,800 | SCHED |
| 2026-04-29 | Wednesday | 2026-05-01 | $489.56 | 490 | 475/480/500/505 | $0.6400 | 0.128 | 0.204% | $0.4800 | +$640 | +$12,440 | SCHED |
| 2026-05-04 | Monday | 2026-05-08 | $493.50 | 494 | 479/484/504/509 | $0.6700 | 0.134 | 0.213% | $0.7800 | $-440 | +$12,000 | SCHED |
| 2026-05-05 | Tuesday | 2026-05-08 | $490.60 | 491 | 476/481/501/506 | $0.3600 | 0.072 | 0.132% | $0.3700 | $-40 | +$11,960 | SCHED |
| 2026-05-11 | Monday | 2026-05-15 | $495.13 | 495 | 480/485/505/510 | $0.5100 | 0.102 | 0.206% | $0.5700 | $-240 | +$11,720 | SCHED |
| 2026-05-12 | Tuesday | 2026-05-15 | $494.73 | 495 | 480/485/505/510 | $0.3300 | 0.066 | 0.139% | $0.4000 | $-280 | +$11,440 | SCHED |
| 2026-05-18 | Monday | 2026-05-22 | $495.24 | 495 | 480/485/505/510 | $0.8400 | 0.168 | 0.285% | $0.8300 | +$40 | +$11,480 | SCHED |
| 2026-05-19 | Tuesday | 2026-05-22 | $493.73 | 494 | 479/484/504/509 | $0.4300 | 0.086 | 0.196% | $0.4600 | $-120 | +$11,360 | SCHED |
| 2026-05-20 | Wednesday | 2026-05-22 | $493.63 | 494 | 479/484/504/509 | $0.4700 | 0.094 | 0.152% | $0.7400 | $-1,080 | +$10,280 | SCHED |
| 2026-06-01 | Monday | 2026-06-05 | $509.24 | 509 | 494/499/519/524 | $0.5300 | 0.106 | 0.161% | $0.6100 | $-320 | +$9,960 | SCHED |
| 2026-06-08 | Monday | 2026-06-12 | $510.83 | 511 | 496/501/521/526 | $1.0400 | 0.208 | 0.341% | $0.8700 | +$680 | +$10,640 | SCHED |
| 2026-06-09 | Tuesday | 2026-06-12 | $512.22 | 512 | 497/502/522/527 | $0.7200 | 0.144 | 0.197% | $0.5900 | +$520 | +$11,160 | SCHED |
| 2026-06-10 | Wednesday | 2026-06-12 | $506.81 | 507 | 492/497/517/522 | $0.7300 | 0.146 | 0.243% | $1.4400 | $-2,840 | +$8,320 | ✗ SL80 |
| 2026-06-15 | Monday | 2026-06-26 | $519.59 | 520 | 505/510/530/535 | $1.2400 | 0.248 | 0.527% | $1.0000 | +$960 | +$9,280 | SCHED |
| 2026-06-22 | Monday | 2026-06-26 | $517.72 | 518 | 503/508/528/533 | $0.5500 | 0.110 | 0.174% | $0.3400 | +$840 | +$10,120 | SCHED |
| 2026-06-23 | Tuesday | 2026-06-26 | $513.73 | 514 | 499/504/524/529 | $0.8100 | 0.162 | 0.280% | $0.7200 | +$360 | +$10,480 | SCHED |
| 2026-06-24 | Wednesday | 2026-06-26 | $516.97 | 517 | 502/507/527/532 | $0.4700 | 0.094 | 0.122% | $0.4800 | $-40 | +$10,440 | SCHED |
| 2026-06-29 | Monday | 2026-07-10 | $521.30 | 521 | 506/511/531/536 | $0.9600 | 0.192 | 0.577% | $1.1600 | $-800 | +$9,640 | SCHED |
| 2026-06-30 | Tuesday | 2026-07-10 | $520.28 | 520 | 505/510/530/535 | $0.9900 | 0.198 | 0.421% | $1.0100 | $-80 | +$9,560 | SCHED |
| 2026-07-01 | Wednesday | 2026-07-10 | $520.46 | 520 | 505/510/530/535 | $0.7500 | 0.150 | 0.340% | $0.8000 | $-200 | +$9,360 | SCHED |
| 2026-07-02 | Thursday | 2026-07-10 | $525.08 | 525 | 510/515/535/540 | $0.5800 | 0.116 | 0.208% | $0.8800 | $-1,200 | +$8,160 | SCHED |
| 2026-07-14 | Tuesday | 2026-07-17 | $524.62 | 525 | 510/515/535/540 | $0.4300 | 0.086 | 0.145% | $0.2500 | +$720 | +$8,880 | SCHED |
| 2026-07-20 | Monday | 2026-07-24 | $522.20 | 522 | 507/512/532/537 | $0.4000 | 0.080 | 0.178% | $0.9800 | $-2,320 | +$6,560 | ✗ SL80 |
| 2026-07-21 | Tuesday | 2026-07-24 | $519.17 | 519 | 504/509/529/534 | $0.5100 | 0.102 | 0.119% | $0.2300 | +$1,120 | +$7,680 | SCHED |
| 2026-07-27 | Monday | 2026-07-31 | $524.79 | 525 | 510/515/535/540 | $0.7900 | 0.158 | 0.263% | $0.9300 | $-560 | +$7,120 | SCHED |
| 2026-07-28 | Tuesday | 2026-07-31 | $524.58 | 525 | 510/515/535/540 | $1.1300 | 0.226 | 0.315% | $0.9300 | +$800 | +$7,920 | SCHED |
| 2026-07-29 | Wednesday | 2026-07-31 | $522.63 | 523 | 508/513/533/538 | $0.7700 | 0.154 | 0.232% | $1.2900 | $-2,080 | +$5,840 | SCHED |
| 2026-08-05 | Wednesday | 2026-08-07 | $545.19 | 545 | 530/535/555/560 | $0.4700 | 0.094 | 0.154% | $0.2500 | +$880 | +$6,720 | SCHED |
| 2026-08-10 | Monday | 2026-08-14 | $538.85 | 539 | 524/529/549/554 | $0.4600 | 0.092 | 0.134% | $0.4100 | +$200 | +$6,920 | SCHED |
| 2026-08-11 | Tuesday | 2026-08-14 | $540.57 | 541 | 526/531/551/556 | $0.5800 | 0.116 | 0.141% | $0.2700 | +$1,240 | +$8,160 | SCHED |
| 2026-08-24 | Monday | 2026-08-28 | $532.83 | 533 | 518/523/543/548 | $0.7100 | 0.142 | 0.205% | $0.5500 | +$640 | +$8,800 | SCHED |
| 2026-08-25 | Tuesday | 2026-08-28 | $536.40 | 536 | 521/526/546/551 | $0.4500 | 0.090 | 0.117% | $0.3100 | +$560 | +$9,360 | SCHED |
| 2026-08-31 | Monday | 2026-09-04 | $532.20 | 532 | 517/522/542/547 | $0.4300 | 0.086 | 0.116% | $0.2800 | +$600 | +$9,960 | SCHED |
| 2026-09-08 | Tuesday | 2026-09-11 | $529.33 | 529 | 514/519/539/544 | $0.3400 | 0.068 | 0.100% | $0.3600 | $-80 | +$9,880 | SCHED |
| 2026-09-14 | Monday | 2026-09-18 | $524.99 | 525 | 510/515/535/540 | $0.7600 | 0.152 | 0.295% | $0.5500 | +$840 | +$10,720 | SCHED |
| 2026-09-15 | Tuesday | 2026-09-18 | $523.18 | 523 | 508/513/533/538 | $0.6300 | 0.126 | 0.239% | $0.6500 | $-80 | +$10,640 | SCHED |