| Filter | Status |
|---|---|
| Short strangle ≥ 0.1% of UVXY | ✔ Active |
| Avg credit ratio (traded days) | 0.221 (0.33/wing) |
| Avg short strangle % of UVXY (traded days) | 2.378% |
| Leg | Strike | Action | Role |
|---|---|---|---|
| Long Put | ATM − $4.50 | Buy | Outer put wing — defines max loss on downside |
| Short Put | ATM − $3 | Sell | Short put — lower body of condor |
| Short Call | ATM + $3 | Sell | Short call — upper body of condor |
| Long Call | ATM + $4.50 | Buy | Outer call wing — defines max loss on upside |
| Net credit at open (9:40 ET) | Max profit = credit × 100 × 20 (if UVXY stays between ±$3 of ATM) |
| UVXY moves > $4.50 from ATM | Max loss = ($1.50 − credit) × 100 × 20 |
| Avg net credit collected | $0.3313 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 | +$377 |
| Average loser | $-459 |
| Best trade | +$1,800 (2026-04-08) |
| Worst trade | $-1,700 (2026-03-03) |
| Total gross wins | +$8,660 |
| Total gross losses | $-10,100 |
Total P&L of $-1,440 over 46 trades. Elevated UVXY realized volatility caused frequent wing breaches during this period. Consider widening SHORT_SPREAD or reducing QTY.
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 UVXY, a ±$1.50 wing on a $3 short spread is a moderate structure. Monitor earnings dates and macro events. Consider widening WING_WIDTH (±$2–$3) 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 46 trades.
| Date | Day | Expiry | UVXY Open | ATM | LP/SP/SC/LC | Credit Open | Cr/Wing | Strangle% | Credit Close | P&L | Cum P&L | Exit |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-01-14 | Wednesday | 2026-01-16 | $37.21 | 37.0 | 32.5/34.0/40.0/41.5 | $0.3500 | 0.233 | 2.634% | $0.3200 | +$60 | +$60 | SCHED |
| 2026-01-20 | Tuesday | 2026-01-23 | $38.60 | 38.5 | 34.0/35.5/41.5/43.0 | $0.5100 | 0.340 | 4.016% | $0.5900 | $-160 | $-100 | SCHED |
| 2026-01-21 | Wednesday | 2026-01-23 | $39.01 | 39.0 | 34.5/36.0/42.0/43.5 | $0.6800 | 0.453 | 3.050% | $0.5800 | +$200 | +$100 | SCHED |
| 2026-01-26 | Monday | 2026-01-30 | $35.02 | 35.0 | 30.5/32.0/38.0/39.5 | $0.1000 | 0.067 | 3.484% | $0.2500 | $-300 | $-200 | ✗ SL80 |
| 2026-01-27 | Tuesday | 2026-01-30 | $35.35 | 35.5 | 31.0/32.5/38.5/40.0 | $0.3000 | 0.200 | 2.065% | $0.2100 | +$180 | $-20 | SCHED |
| 2026-01-28 | Wednesday | 2026-01-30 | $36.43 | 36.5 | 32.0/33.5/39.5/41.0 | $0.2300 | 0.153 | 1.729% | $0.1900 | +$80 | +$60 | SCHED |
| 2026-01-29 | Thursday | 2026-01-30 | $37.91 | 38.0 | 33.5/35.0/41.0/42.5 | $0.3000 | 0.200 | 1.345% | $0.2600 | +$80 | +$140 | SCHED |
| 2026-02-02 | Monday | 2026-02-06 | $35.83 | 36.0 | 31.5/33.0/39.0/40.5 | $0.8100 | 0.540 | 5.303% | $0.4300 | +$760 | +$900 | SCHED |
| 2026-02-04 | Wednesday | 2026-02-06 | $36.59 | 36.5 | 32.0/33.5/39.5/41.0 | $0.6200 | 0.413 | 2.870% | $0.3300 | +$580 | +$1,480 | SCHED |
| 2026-02-05 | Thursday | 2026-02-06 | $39.54 | 39.5 | 35.0/36.5/42.5/44.0 | $0.3800 | 0.253 | 2.858% | $0.6800 | $-600 | +$880 | SCHED |
| 2026-02-09 | Monday | 2026-02-13 | $36.45 | 36.5 | 32.0/33.5/39.5/41.0 | $0.2000 | 0.133 | 2.551% | $0.4400 | $-480 | +$400 | ✗ SL80 |
| 2026-02-10 | Tuesday | 2026-02-13 | $35.78 | 36.0 | 31.5/33.0/39.0/40.5 | $0.2500 | 0.167 | 1.817% | $0.3800 | $-260 | +$140 | SCHED |
| 2026-02-12 | Thursday | 2026-02-13 | $35.51 | 35.5 | 31.0/32.5/38.5/40.0 | $0.0100 | 0.007 | 0.620% | $0.4000 | $-780 | $-640 | ✗ SL80 |
| 2026-02-18 | Wednesday | 2026-02-20 | $38.41 | 38.5 | 34.0/35.5/41.5/43.0 | $0.3300 | 0.220 | 2.343% | $0.1900 | +$280 | $-360 | SCHED |
| 2026-02-23 | Monday | 2026-02-27 | $38.82 | 39.0 | 34.5/36.0/42.0/43.5 | $0.7300 | 0.487 | 4.379% | $0.7400 | $-20 | $-380 | SCHED |
| 2026-02-24 | Tuesday | 2026-02-27 | $40.71 | 40.5 | 36.0/37.5/43.5/45.0 | $0.0600 | 0.040 | 2.727% | $0.5600 | $-1,000 | $-1,380 | ✗ SL80 |
| 2026-02-25 | Wednesday | 2026-02-27 | $37.78 | 38.0 | 33.5/35.0/41.0/42.5 | $0.2600 | 0.173 | 1.456% | $0.1000 | +$320 | $-1,060 | SCHED |
| 2026-03-03 | Tuesday | 2026-03-06 | $44.93 | 45.0 | 40.5/42.0/48.0/49.5 | $0.3700 | 0.247 | 6.521% | $1.2200 | $-1,700 | $-2,760 | ✗ SL80 |
| 2026-03-04 | Wednesday | 2026-03-06 | $42.76 | 43.0 | 38.5/40.0/46.0/47.5 | $0.7100 | 0.473 | 3.976% | $0.6100 | +$200 | $-2,560 | SCHED |
| 2026-03-05 | Thursday | 2026-03-06 | $42.27 | 42.5 | 38.0/39.5/45.5/47.0 | $0.4400 | 0.293 | 2.389% | $0.6300 | $-380 | $-2,940 | SCHED |
| 2026-03-17 | Tuesday | 2026-03-20 | $44.74 | 44.5 | 40.0/41.5/47.5/49.0 | $0.8900 | 0.593 | 4.671% | $0.5400 | +$700 | $-2,240 | SCHED |
| 2026-04-08 | Wednesday | 2026-04-10 | $42.93 | 43.0 | 38.5/40.0/46.0/47.5 | $1.6100 | 1.073 | 5.334% | $0.7100 | +$1,800 | $-440 | SCHED |
| 2026-04-09 | Thursday | 2026-04-10 | $43.90 | 44.0 | 39.5/41.0/47.0/48.5 | $0.1900 | 0.127 | 1.435% | $0.6600 | $-940 | $-1,380 | ✗ SL80 |
| 2026-04-13 | Monday | 2026-04-17 | $42.45 | 42.5 | 38.0/39.5/45.5/47.0 | $0.5300 | 0.353 | 5.112% | $0.8500 | $-640 | $-2,020 | SCHED |
| 2026-04-20 | Monday | 2026-04-24 | $38.94 | 39.0 | 34.5/36.0/42.0/43.5 | $0.3900 | 0.260 | 2.979% | $0.2500 | +$280 | $-1,740 | SCHED |
| 2026-04-22 | Wednesday | 2026-04-24 | $38.45 | 38.5 | 34.0/35.5/41.5/43.0 | $0.1800 | 0.120 | 1.430% | $0.0700 | +$220 | $-1,520 | SCHED |
| 2026-04-23 | Thursday | 2026-04-24 | $39.60 | 39.5 | 35.0/36.5/42.5/44.0 | $0.1200 | 0.080 | 0.682% | $0.1200 | +$-0 | $-1,520 | SCHED |
| 2026-04-27 | Monday | 2026-05-01 | $39.08 | 39.0 | 34.5/36.0/42.0/43.5 | $0.4400 | 0.293 | 2.892% | $0.4000 | +$80 | $-1,440 | SCHED |
| 2026-04-28 | Tuesday | 2026-05-01 | $38.88 | 39.0 | 34.5/36.0/42.0/43.5 | $0.1200 | 0.080 | 1.620% | $0.3300 | $-420 | $-1,860 | ✗ SL80 |
| 2026-05-04 | Monday | 2026-05-08 | $36.83 | 37.0 | 32.5/34.0/40.0/41.5 | $0.4300 | 0.287 | 2.281% | $0.1400 | +$580 | $-1,280 | SCHED |
| 2026-05-05 | Tuesday | 2026-05-08 | $36.36 | 36.5 | 32.0/33.5/39.5/41.0 | $0.1600 | 0.107 | 1.238% | $0.2500 | $-180 | $-1,460 | SCHED |
| 2026-05-11 | Monday | 2026-05-15 | $36.27 | 36.5 | 32.0/33.5/39.5/41.0 | $0.1600 | 0.107 | 1.820% | $0.2400 | $-160 | $-1,620 | SCHED |
| 2026-05-12 | Tuesday | 2026-05-15 | $37.32 | 37.5 | 33.0/34.5/40.5/42.0 | $0.0500 | 0.033 | 1.501% | $0.2100 | $-320 | $-1,940 | ✗ SL80 |
| 2026-05-14 | Thursday | 2026-05-15 | $36.56 | 36.5 | 32.0/33.5/39.5/41.0 | $0.2300 | 0.153 | 0.793% | $-0.0300 | +$520 | $-1,420 | ✓ PT90 |
| 2026-05-18 | Monday | 2026-05-22 | $35.42 | 35.5 | 31.0/32.5/38.5/40.0 | $0.1800 | 0.120 | 1.496% | $0.1900 | $-20 | $-1,440 | SCHED |
| 2026-05-21 | Thursday | 2026-05-22 | $34.67 | 34.5 | 30.0/31.5/37.5/39.0 | $0.0400 | 0.027 | 0.433% | $-0.0200 | +$120 | $-1,320 | ✓ PT90 |
| 2026-06-08 | Monday | 2026-06-12 | $29.63 | 29.5 | 25.0/26.5/32.5/34.0 | $0.0200 | 0.013 | 1.451% | $0.2600 | $-480 | $-1,800 | ✗ SL80 |
| 2026-06-10 | Wednesday | 2026-06-12 | $31.54 | 31.5 | 27.0/28.5/34.5/36.0 | $0.2300 | 0.153 | 1.871% | $0.5400 | $-620 | $-2,420 | ✗ SL80 |
| 2026-06-11 | Thursday | 2026-06-12 | $33.23 | 33.0 | 28.5/30.0/36.0/37.5 | $0.4000 | 0.267 | 2.407% | $0.1900 | +$420 | $-2,000 | SCHED |
| 2026-06-18 | Thursday | 2026-06-26 | $26.51 | 26.5 | 22.0/23.5/29.5/31.0 | $0.2800 | 0.187 | 2.226% | $0.1800 | +$200 | $-1,800 | SCHED |
| 2026-06-23 | Tuesday | 2026-06-26 | $27.88 | 28.0 | 23.5/25.0/31.0/32.5 | $0.4600 | 0.307 | 2.331% | $0.0700 | +$780 | $-1,020 | SCHED |
| 2026-07-01 | Wednesday | 2026-07-10 | $25.30 | 25.5 | 21.0/22.5/28.5/30.0 | $0.0900 | 0.060 | 1.265% | $0.1200 | $-60 | $-1,080 | SCHED |
| 2026-07-02 | Thursday | 2026-07-10 | $24.65 | 24.5 | 20.0/21.5/27.5/29.0 | $0.1600 | 0.107 | 1.095% | $0.1500 | +$20 | $-1,060 | SCHED |
| 2026-07-08 | Wednesday | 2026-07-10 | $24.70 | 24.5 | 20.0/21.5/27.5/29.0 | $0.1400 | 0.093 | 1.053% | $0.0400 | +$200 | $-860 | SCHED |
| 2026-07-23 | Thursday | 2026-07-24 | $25.50 | 25.5 | 21.0/22.5/28.5/30.0 | $0.0200 | 0.013 | 0.549% | $0.0400 | $-40 | $-900 | ✗ SL80 |
| 2026-07-29 | Wednesday | 2026-07-31 | $25.23 | 25.0 | 20.5/22.0/28.0/29.5 | $0.0800 | 0.053 | 1.268% | $0.3500 | $-540 | $-1,440 | ✗ SL80 |