Track Record Checker
Paste a published credit spread or iron condor record: every row is settled on the close, contradicted claims are listed, and the drawdown, losing streak, fees and base rate are added.
The example trades are made up for this page; the closes they settle on are real. Your record stays in this browser: only its ticker symbols are requested, to read their closes.
Why re-grade a record
A service that sells trade alerts publishes its wins, and it has no reason to publish the numbers that price them: the worst drawdown, the losing streaks, what fees took, and how often the same kind of trade wins anyway. We sell no trades, so we can publish all four, for any record you bring.
Run by hand on one options service's 92-trade ledger, this method reproduced every published total and flipped 2 grades on the official closes, found a 6,800 USD drawdown at 10 contracts, and set its 76.1% win rate beside a 63.1% base rate for the same strike distances. The tool makes that check a paste.
What each number means
- Settled on the close. Each spread is paid out at the underlying's close on its expiry day, from the strikes and credit in the row.
- Claims the closes contradict. A row called a win that the close makes a loss, or a dollar figure the close does not pay.
- Max drawdown. The largest drop from a running high in the record's cumulative P/L, after fees, in expiry order.
- Base rate of the same placements. Each row's break-evens as distances from its entry close, placed on every session we hold for the same number of sessions: what trading every day, with no judgment, would have won.
- Not graded: completeness. A record can leave trades out, and nothing in it shows that.
FAQ
How does it settle a trade?
On the underlying's close on the expiry day (the session before, when the expiry falls on a holiday), using the strikes and credit in the row. A win is a settle that pays more than nothing before fees.
What does it add that a record leaves out?
The largest peak-to-trough drop, the longest run of losing trades, the fees at the per-leg cost you enter, and the base rate: how often the same placements, made on every session, would have won anyway.
Can it tell whether a record is complete?
No, and it says so. A trade left out of a record cannot be seen in it, so every figure describes only the rows pasted.
Is my record uploaded?
No. It is read and graded in your browser. Only the ticker symbols are requested, to read their daily closes.
Why do SPX and RUT rows abstain?
Index options settle on index values, which we do not hold. Rows on SPY, IWM, QQQ and other US stocks and ETFs settle on their daily closes.
Continue your analysis
Educational disclaimer
A measurement of the rows you paste, for education only. It is not financial advice, not a recommendation about any service, and not a finding about any seller's conduct: it shows what the closes paid against what the record says.