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These are hypothetical performance results that have certain inherent limitations. Learn more

Trades-Own-Strategy Certification

This system has earned Trades-Own-Strategy (TOS) Certification. This means that the manager of this system trades his own strategy in a real-life, funded brokerage account.

Trades-Own-Strategy (TOS) Certification Details
Certification process started 01/13/2022
Most recent certification approved 1/13/22 10:18 ET
Trades at broker Interactive Brokers (Stocks, Options, Futures)
Scaling percentage used 100%
# trading signals issued by system since certification 73
# trading signals executed in manager's Interactive Brokers (Stocks, Options, Futures) account 61
Percent signals followed since 01/13/2022 83.6%
This information was last updated 1/27/22 11:43 ET

Warning: System trading results are still hypothetical.

Even though the system developer is currently trading his own system in a real-life brokerage account, the trading results presented on this Web site must still be regarded as purely hypothetical results. This is because (among other reasons) the system developer may not have traded all signals, particularly those that occurred before 01/13/2022, and the system developer's results may not match the system results presented here. In addition, not all subscribers have received the same trades or prices as the system manager has. For these reasons, and others, it is extremely important you remember the following:

About the results you see on this Web site

Past results are not necessarily indicative of future results.

These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

You may be interested to learn more technical details about how Collective2 calculates the hypothetical results you see on this web site.

SmarterOptions_com
(138653790)

Created by: ZachWillett ZachWillett
Started: 12/2021
Options
Last trade: Today
Trading style: Options Volatility Long / Short

Subscriptions not available

No subscriptions are currently available for this strategy because the strategy manager has capped the maximum number of subscribers.

Subscription terms. Subscriptions to this system cost $199.00 per month.

C2Star

C2Star is a certification program for trading strategies. In order to become "C2Star Certified," a strategy must apply tight risk controls, and must exhibit excellent performance characteristics, including low drawdowns.

You can read more about C2Star certification requirements here.

Note that: all trading strategies are risky, and C2Star Certification does not imply that a strategy is low risk.

Trading Category: Options
Volatility Long / Short
Category: Equity

Volatility Long / Short

This strategy constructs portfolios that make bets about whether market volatility will increase or decrease.
3.2%
Cumul. Return

Rate of Return Calculations

Overview

To comply with NFA regulations, we display Cumulative Rate of Return for strategies with a track record of less than one year. For strategies with longer track records, we display Annualized (Compounded) Rate of Return.

How Cumulative Rate of Return is calculated

= (Ending_equity - Starting_equity) / Starting_equity

Remember that, following NFA requirements, strategy subscription costs and estimated commissions are included in marked-to-market equity calculations.

All results are hypothetical.

(71.3%)
Max Drawdown
46
Num Trades
32.6%
Win Trades
1.1 : 1
Profit Factor
50.0%
Win Months
Hypothetical Monthly Returns (includes system fee and Typical Broker commissions and fees)
 JanFebMarAprMayJunJulAugSepOctNovDecYTD
2021                                                                             (59.7%)(59.7%)
2022+157.1%                                                                  +157.1%

Model Account Details

A trading strategy on Collective2. Follow it in your broker account, or use a free simulated trading account.

Advanced users may want to use this information to adjust their AutoTrade scaling, or merely to understand the magnitudes of the nearby chart.

Trading Record

This strategy has placed 61 trades in real-life brokerage accounts. To see live brokerage data, select Show AutoTrade Data, and click on a Live AutoTrade Indicator symbol.

Download CSV
Long
Short
Both
Win
Loss
Both
Opened Date/TimeSymbolDescriptionSideQtyAvg PriceClosed Date/TimeAvg PriceDrawdownP/L
1/26/22 22:51 @ESH2 E-MINI S&P 500 SHORT 1 4271.25 1/27 0:04 4290.00 n/a ($946)
Includes Typical Broker Commissions trade costs of $8.00
1/26/22 18:00 @ESH2 E-MINI S&P 500 SHORT 1 4350.00 1/26 18:08 4361.00 5.04%
Trade id #139117829
Max drawdown($600)
Time1/26/22 18:08
Quant open1
Worst price4362.00
Drawdown as % of equity-5.04%
($558)
Includes Typical Broker Commissions trade costs of $8.00
1/18/22 10:10 CHWY2228A46 CHWY Jan28'22 46 call LONG 3 1.66 1/26 14:12 0.53 3.86%
Trade id #138988954
Max drawdown($489)
Time1/24/22 0:00
Quant open3
Worst price0.03
Drawdown as % of equity-3.86%
($345)
Includes Typical Broker Commissions trade costs of $4.80
1/26/22 13:54 SPY2228A448 SPY Jan28'22 448 call LONG 1 2.48 1/26 14:11 2.33 0.21%
Trade id #139112695
Max drawdown($25)
Time1/26/22 14:11
Quant open1
Worst price2.23
Drawdown as % of equity-0.21%
($17)
Includes Typical Broker Commissions trade costs of $2.00
1/26/22 13:48 SPY2228A445 SPY Jan28'22 445 call LONG 1 3.54 1/26 14:08 4.52 0.37%
Trade id #139112604
Max drawdown($44)
Time1/26/22 14:00
Quant open1
Worst price3.10
Drawdown as % of equity-0.37%
$96
Includes Typical Broker Commissions trade costs of $2.00
1/24/22 12:17 HD2204N320 HD Feb4'22 320 put LONG 1 3.63 1/26 11:26 0.82 2.36%
Trade id #139075912
Max drawdown($281)
Time1/26/22 11:26
Quant open1
Worst price0.82
Drawdown as % of equity-2.36%
($283)
Includes Typical Broker Commissions trade costs of $2.00
1/26/22 10:47 SPY2226M436 SPY Jan26'22 436 put LONG 1 2.89 1/26 11:16 1.61 1.1%
Trade id #139109011
Max drawdown($131)
Time1/26/22 11:16
Quant open1
Worst price1.57
Drawdown as % of equity-1.10%
($130)
Includes Typical Broker Commissions trade costs of $2.00
1/13/22 11:08 SQ2228A150 SQ Jan28'22 150 call LONG 4 2.25 1/26 10:54 0.04 7.41%
Trade id #138935153
Max drawdown($893)
Time1/26/22 10:05
Quant open4
Worst price0.02
Drawdown as % of equity-7.41%
($892)
Includes Typical Broker Commissions trade costs of $6.20
1/20/22 11:54 ARKK2228A82 ARKK Jan28'22 82 call LONG 2 1.85 1/26 9:42 0.25 2.75%
Trade id #139031811
Max drawdown($348)
Time1/24/22 0:00
Quant open2
Worst price0.11
Drawdown as % of equity-2.75%
($324)
Includes Typical Broker Commissions trade costs of $2.80
1/21/22 10:35 SPY2224A450 SPY Jan24'22 450 call LONG 2 1.58 1/25 8:05 0.00 2.48%
Trade id #139046450
Max drawdown($314)
Time1/24/22 0:00
Quant open2
Worst price0.01
Drawdown as % of equity-2.48%
($319)
Includes Typical Broker Commissions trade costs of $2.00
1/20/22 13:51 SPY2224A460 SPY Jan24'22 460 call LONG 1 1.29 1/25 8:05 0.00 1.01%
Trade id #139033777
Max drawdown($128)
Time1/24/22 0:00
Quant open1
Worst price0.01
Drawdown as % of equity-1.01%
($130)
Includes Typical Broker Commissions trade costs of $1.00
1/24/22 10:49 HD2228M340 HD Jan28'22 340 put LONG 1 3.91 1/24 13:15 3.88 0.35%
Trade id #139073229
Max drawdown($43)
Time1/24/22 10:55
Quant open1
Worst price3.48
Drawdown as % of equity-0.35%
($5)
Includes Typical Broker Commissions trade costs of $2.00
1/13/22 10:18 ZM2228A175 ZM Jan28'22 175 call LONG 3 3.27 1/24 11:55 0.17 7.69%
Trade id #138933757
Max drawdown($937)
Time1/24/22 11:55
Quant open3
Worst price0.15
Drawdown as % of equity-7.69%
($935)
Includes Typical Broker Commissions trade costs of $4.20
1/14/22 11:30 BYND2228A66 BYND Jan28'22 66 call LONG 2 3.35 1/24 11:08 0.67 4.41%
Trade id #138957417
Max drawdown($537)
Time1/24/22 11:08
Quant open2
Worst price0.66
Drawdown as % of equity-4.41%
($539)
Includes Typical Broker Commissions trade costs of $2.80
1/21/22 11:36 COST2221A500 COST Jan21'22 500 call LONG 2 0.08 1/22 9:36 0.00 0.11%
Trade id #139048382
Max drawdown($14)
Time1/21/22 12:23
Quant open2
Worst price0.01
Drawdown as % of equity-0.11%
($17)
Includes Typical Broker Commissions trade costs of $1.40
1/14/22 14:10 BYND2221A70 BYND Jan21'22 70 call LONG 1 1.11 1/22 9:36 0.00 0.85%
Trade id #138960821
Max drawdown($110)
Time1/21/22 0:00
Quant open1
Worst price0.01
Drawdown as % of equity-0.85%
($113)
Includes Typical Broker Commissions trade costs of $1.00
1/21/22 11:18 SPY2221A448 SPY Jan21'22 448 call LONG 1 1.32 1/22 9:36 0.00 1.02%
Trade id #139047881
Max drawdown($131)
Time1/21/22 15:28
Quant open1
Worst price0.01
Drawdown as % of equity-1.02%
($133)
Includes Typical Broker Commissions trade costs of $1.00
1/14/22 15:04 SKLZ2221A7 SKLZ Jan21'22 7 call LONG 16 0.04 1/22 9:35 0.00 0.32%
Trade id #138961624
Max drawdown($44)
Time1/20/22 0:00
Quant open16
Worst price0.01
Drawdown as % of equity-0.32%
($73)
Includes Typical Broker Commissions trade costs of $11.50
1/21/22 12:21 SPY2221M442 SPY Jan21'22 442 put LONG 1 1.60 1/21 13:22 1.83 0.58%
Trade id #139049919
Max drawdown($75)
Time1/21/22 13:12
Quant open1
Worst price0.84
Drawdown as % of equity-0.58%
$21
Includes Typical Broker Commissions trade costs of $2.00
1/21/22 12:50 TSLA2221M940 TSLA Jan21'22 940 put LONG 1 3.86 1/21 13:02 3.50 0.81%
Trade id #139050545
Max drawdown($105)
Time1/21/22 13:01
Quant open1
Worst price2.80
Drawdown as % of equity-0.81%
($38)
Includes Typical Broker Commissions trade costs of $2.00
1/21/22 10:25 SPY2221A442 SPY Jan21'22 442 call LONG 2 2.15 1/21 11:37 4.93 n/a $553
Includes Typical Broker Commissions trade costs of $3.40
1/21/22 9:54 TSLA2221M940 TSLA Jan21'22 940 put LONG 1 3.97 1/21 10:07 4.21 0.51%
Trade id #139044891
Max drawdown($66)
Time1/21/22 10:00
Quant open1
Worst price3.30
Drawdown as % of equity-0.51%
$23
Includes Typical Broker Commissions trade costs of $2.00
1/19/22 11:42 AAPL2228M165 AAPL Jan28'22 165 put LONG 1 3.25 1/20 15:59 4.41 0.73%
Trade id #139012040
Max drawdown($102)
Time1/20/22 0:00
Quant open1
Worst price2.22
Drawdown as % of equity-0.73%
$114
Includes Typical Broker Commissions trade costs of $2.00
1/18/22 9:42 SPY2219A462 SPY Jan19'22 462 call LONG 2 1.54 1/20 8:05 0.00 2.03%
Trade id #138988250
Max drawdown($306)
Time1/19/22 0:00
Quant open2
Worst price0.01
Drawdown as % of equity-2.03%
($309)
Includes Typical Broker Commissions trade costs of $1.40
1/12/22 10:39 AAPL2228M175 AAPL Jan28'22 175 put LONG 2 4.00 1/18 10:07 6.37 0.45%
Trade id #138919431
Max drawdown($80)
Time1/13/22 0:00
Quant open2
Worst price3.60
Drawdown as % of equity-0.45%
$471
Includes Typical Broker Commissions trade costs of $3.40
1/6/22 12:29 ADBE2214A540 ADBE Jan14'22 540 call LONG 8 3.26 1/15 9:35 3.67 15.24%
Trade id #138848864
Max drawdown($2,210)
Time1/10/22 0:00
Quant open8
Worst price0.50
Drawdown as % of equity-15.24%
$314
Includes Typical Broker Commissions trade costs of $10.80
1/14/22 11:52 SPY2214A463 SPY Jan14'22 463 call LONG 2 1.43 1/14 12:47 0.66 0.95%
Trade id #138958505
Max drawdown($159)
Time1/14/22 12:47
Quant open2
Worst price0.63
Drawdown as % of equity-0.95%
($157)
Includes Typical Broker Commissions trade costs of $2.80
1/14/22 11:18 SPY2214M461 SPY Jan14'22 461 put LONG 1 1.41 1/14 11:26 1.23 0.23%
Trade id #138957170
Max drawdown($38)
Time1/14/22 11:26
Quant open1
Worst price1.03
Drawdown as % of equity-0.23%
($21)
Includes Typical Broker Commissions trade costs of $2.00
1/5/22 11:07 BYND2204B65 BYND Feb4'22 65 call LONG 8 3.90 1/11 13:09 7.92 11.38%
Trade id #138827783
Max drawdown($1,472)
Time1/5/22 15:49
Quant open8
Worst price2.06
Drawdown as % of equity-11.38%
$3,204
Includes Typical Broker Commissions trade costs of $11.50
12/29/21 10:46 SQ2221A170 SQ Jan21'22 170 call LONG 15 3.78 1/11/22 13:08 4.98 2.5%
Trade id #138742355
Max drawdown($362)
Time1/10/22 0:00
Quant open1
Worst price0.16
Drawdown as % of equity-2.50%
$1,769
Includes Typical Broker Commissions trade costs of $21.60

Statistics

  • Strategy began
    12/21/2021
  • Suggested Minimum Cap
    $25,000
  • Strategy Age (days)
    36.97
  • Age
    37 days ago
  • What it trades
    Options
  • # Trades
    46
  • # Profitable
    15
  • % Profitable
    32.60%
  • Avg trade duration
    4.6 days
  • Max peak-to-valley drawdown
    71.32%
  • drawdown period
    Dec 30, 2021 - Jan 03, 2022
  • Cumul. Return
    3.2%
  • Avg win
    $800.93
  • Avg loss
    $344.77
  • Model Account Values (Raw)
  • Cash
    $10,962
  • Margin Used
    $0
  • Buying Power
    $10,962
  • Ratios
  • W:L ratio
    1.12:1
  • Sharpe Ratio
  • Sortino Ratio
  • Calmar Ratio
  • CORRELATION STATISTICS
  • Return of Strat Pcnt - Return of SP500 Pcnt (cumu)
    9.69%
  • Return Percent SP500 (cumu) during strategy life
    -6.44%
  • Return Statistics
  • Ann Return (w trading costs)
    34.3%
  • Instruments
  • Percent Trades Options
    0.97%
  • Percent Trades Futures
    0.03%
  • Slump
  • Current Slump, time of slump as pcnt of strategy life
    0.41%
  • Instruments
  • Percent Trades Stocks
    n/a
  • Slump
  • Current Slump as Pcnt Equity
    76.10%
  • Instruments
  • Short Options - Percent Covered
    100.00%
  • Return Statistics
  • Return Pcnt (Compound or Annual, age-based, NFA compliant)
    0.033%
  • Instruments
  • Percent Trades Forex
    n/a
  • Return Statistics
  • Ann Return (Compnd, No Fees)
    157.1%
  • Risk of Ruin (Monte-Carlo)
  • Chance of 10% account loss
    94.50%
  • Chance of 20% account loss
    93.50%
  • Chance of 30% account loss
    82.50%
  • Chance of 40% account loss
    81.00%
  • Chance of 60% account loss (Monte Carlo)
    63.50%
  • Chance of 70% account loss (Monte Carlo)
    49.00%
  • Chance of 80% account loss (Monte Carlo)
    31.50%
  • Chance of 90% account loss (Monte Carlo)
    9.00%
  • Chance of 100% account loss (Monte Carlo)
    n/a
  • Automation
  • Percentage Signals Automated
    n/a
  • Risk of Ruin (Monte-Carlo)
  • Chance of 50% account loss
    76.50%
  • Popularity
  • Popularity (Today)
    963
  • Popularity (Last 6 weeks)
    982
  • Popularity (7 days, Percentile 1000 scale)
    978
  • Management
  • No Subs Allowed Flag (1: no subs)
    0
  • Strat abandoned?
    0
  • Trading Style
  • Any stock shorts? 0/1
    0
  • Popularity
  • C2 Score
    756
  • Trades-Own-System Certification
  • Trades Own System?
    Yes
  • TOS percent
    100%
  • Win / Loss
  • Avg Win
    $801
  • Avg Loss
    $354
  • Sum Trade PL (losers)
    $10,986.000
  • Sum Trade PL (winners)
    $12,014.000
  • # Winners
    15
  • Dividends
  • Dividends Received in Model Acct
    0
  • AUM
  • AUM (AutoTrader live capital)
    140974
  • Win / Loss
  • Num Months Winners
    1
  • Age
  • Num Months filled monthly returns table
    2
  • AUM
  • AUM (AutoTrader num accounts)
    12
  • Win / Loss
  • # Losers
    31
  • % Winners
    32.6%
  • Frequency
  • Avg Position Time (mins)
    6623.40
  • Avg Position Time (hrs)
    110.39
  • Avg Trade Length
    4.6 days
  • Last Trade Ago
    0
  • Leverage
  • Daily leverage (average)
    21.74
  • Daily leverage (max)
    107.86
  • Maximum Adverse Excursion (MAE)
  • Hold-and-Hope Ratio
    0.018
  • Analysis based on DAILY values, last 6 months only
  • DRAW DOWN STATISTICS
  • Risk estimates based on draw downs (based on Extreme Value T
  • assuming Pareto losses only (using partial moments from Sortino statistics)
  • Max Equity Drawdown (num days)
    4
  • Last 4 Months - Pcnt Negative
    0.25%
  • Strat Max DD how much worse than SP500 max DD during strat life?
    -318668000

Strategy Description

We trade Options and provide alerts though a discord group. We do Day, Swing and Leap options.

Summary Statistics

Strategy began
2021-12-21
Suggested Minimum Capital
$25,000
# Trades
46
# Profitable
15
% Profitable
32.6%
Sharpe Ratio
-
Sortino Ratio
0.00
Beta
0.00
Alpha
0.00
Leverage
21.74 Average
107.86 Maximum
Summary
Higher leverage = greater risk.

More information about leverage

Collective2 calculates the maximum leverage used by a strategy in each day. We then display the average of these measurements (i.e. the average daily maximum leverage) and the greatest of these measurements (maximum daily leverage).

Leverage is the ratio of total notional value controlled by a strategy divided by its Model Account equity. Generally higher leverage implies greater risk.

Example of calculation:
The Strategy buys 100 shares of stock at $12 per share.
The Model Account equity during that day is $5,000.
The leverage is: $1200 / $5,000 = 0.24

This is a useful measurement, but it should be considered in context. This measurement doesn't take into account important factors, such as when multiple positions are held that are inversely correlated. Nor does the measurement take into account the volatility of the instruments being held.

In addition, certain asset classes are inherently more leveraged than others. For example, futures contracts are highly leveraged. Forex positions are often even more leveraged than futures.

Latest Activity

#PERSONNAME#
subscribed on started simulation #SUBSCRIBEDDATE#

Most values on this page (including the Strategy Equity Chart, above) have been adjusted by estimated trading commissions and subscription costs.

Some advanced users find it useful to see "raw" Model Account values. These numbers do not include any commissions, fees, subscription costs, or dividend actions.

Strategy developers can "archive" strategies at any time. This means the strategy Model Account is reset to its initial level and the trade list cleared. However, all archived track records are permanently preserved for evaluation by potential subscribers.

About the results you see on this Web site

Past results are not necessarily indicative of future results.

These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

Material assumptions and methods used when calculating results

The following are material assumptions used when calculating any hypothetical monthly results that appear on our web site.

  • Profits are reinvested. We assume profits (when there are profits) are reinvested in the trading strategy.
  • Starting investment size. For any trading strategy on our site, hypothetical results are based on the assumption that you invested the starting amount shown on the strategy's performance chart. In some cases, nominal dollar amounts on the equity chart have been re-scaled downward to make current go-forward trading sizes more manageable. In these cases, it may not have been possible to trade the strategy historically at the equity levels shown on the chart, and a higher minimum capital was required in the past.
  • All fees are included. When calculating cumulative returns, we try to estimate and include all the fees a typical trader incurs when AutoTrading using AutoTrade technology. This includes the subscription cost of the strategy, plus any per-trade AutoTrade fees, plus estimated broker commissions if any.
  • "Max Drawdown" Calculation Method. We calculate the Max Drawdown statistic as follows. Our computer software looks at the equity chart of the system in question and finds the largest percentage amount that the equity chart ever declines from a local "peak" to a subsequent point in time (thus this is formally called "Maximum Peak to Valley Drawdown.") While this is useful information when evaluating trading systems, you should keep in mind that past performance does not guarantee future results. Therefore, future drawdowns may be larger than the historical maximum drawdowns you see here.

Trading is risky

There is a substantial risk of loss in futures and forex trading. Online trading of stocks and options is extremely risky. Assume you will lose money. Don't trade with money you cannot afford to lose.

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Suggested Minimum Capital

This is our estimate of the minimum amount of capital to follow a strategy, assuming you use the smallest reasonable AutoTrade Scaling % for the strategy.