Weekly Iron Butterfly Backtest (Part 24)
Posted by Mark on August 12, 2013 at 06:27 | Last modified: August 28, 2013 10:30In this blog series, I’m backtesting the weekly option trade described here.
Thursday’s data was missing from the software so week 23′s trade begins with this on Friday:
The profit target was hit early Monday morning:
P/L ranged from -$153 to +$144 on Day 1.
On Day 4 (nothing happened over the weekend), the trade closed for a profit of $339 on $3,174 margin, which is 10.7%.
The trade is now 13-10 in 23 weeks but the profit factor remains dismal at 0.60.
No comments posted.