Research or backrests on iron butterflies?

[dcwriter2]

Specifically, I’m looking for selling one ATM on SPY, MOO, daily.

 

[dcwriter2]

Btw, typo in the he’d. I meant backtest, if it wasn’t obvious.

 

[Matt_ORATS]

What days to expiration and deltas are you thinking?

 

[dorietrading]

http://dtr-trading.blogspot.com/p/spx.html

 

[Matt_ORATS]

DTR had this as one of their best set ups for a SPX iron condor:

1. Profit Factor (4.5%):
   • 80 DTE
   • ST structure
   • 25 pt. wings
   • 8 delta shorts
   • 300% stop loss / 50% profit taking
   • • 2007 - 2016 win rate: 96%
     • 2016 - 2017 win rate: 83%

I am sure there are differences in how these were implemented.
Here's my test:

I see an 80% win rate.

Here are some trade examples:

Let me know if I did this correctly.

Here is the test https://wheel.orats.com/backtest/1MpDf7wsrND4XrpEsMak1kZUQnZyKnmnZr

 

[qwerty11]

Specifically, I’m looking for selling one ATM on SPY, MOO, daily.

Nowadays you have options that expire every (working) day, so surely this is possible on some indexes.

 

[dcwriter2]

DTR had this as one of their best set ups for a SPX iron condor:

1. Profit Factor (4.5%):
   • 80 DTE
   • ST structure
   • 25 pt. wings
   • 8 delta shorts
   • 300% stop loss / 50% profit taking
   • • 2007 - 2016 win rate: 96%
     • 2016 - 2017 win rate: 83%

I am sure there are differences in how these were implemented.
Here's my test:

I see an 80% win rate.

Here are some trade examples:

Let me know if I did this correctly.

Here is the test https://wheel.orats.com/backtest/1MpDf7wsrND4XrpEsMak1kZUQnZyKnmnZr

 

[dcwriter2]

Wow. Thanks. Give me time to peruse.