Iron Condor ROI – Upside Options

Iron Condor Pinnacle Service

2006 to Present

All trades are documented and verifiable as we send each trade to four separate brokers for the autotrade program. All results shown below include commissions.

Returns shown below for 2013 and beyond are actual, realized, end-of-month returns for both self-managed and autotrade accounts, which include commissions of 70 cents per contract + $5 per leg ticket charge, and average fill prices. For the autotrade accounts 20% of the cash is allocated to each position where a maximum of 5 positions (iron condors) are open at any one time. The returns also take into account idle cash (cash not invested during the month) and reserve cash that represents 30% of the amount being traded. All trades are documented and verifiable as we send each trade to four brokers for the autotrade program. For Pinnacle 10% of the cash is allocated to each trade. For Classic, the strategy finished off 2018 with a minus 35%, caused by high market volatility. Pinnacle was engineered to handle the volatility coming out of Washington DC. Returns shown for 2012 and earlier represent actual, realized self-managed results that do not take into account reserve cash or idle cash.

2021 Returns – Pinnacle
Month End	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI YTD
Realized Profit/Loss Including Commissions	11.0%	-6.8%	-8.3%	-28.4%	6.5%	24.5%	-24.3%	-3.5%	-14.0%	18.5%	-2.2%		-34.3% Simple Including Commissions
Starting w/ $10K autotrade	$11,103	$10,354	$9,494	$6,800	$7,244	$9,018	$6,827	$6,588	$5,666	$6,714	$6,566
Comments				Note	Note

2020 Returns – Pinnacle
Month End	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Profit/Loss Including Commissions	-2.9%	4.8%	-9.7%	-5.9%	5.9%	-1.3%	13.5%	8.6%	-8.8%	3.8%	8.2%	18.0%	+34.6% Simple Including Commissions
Starting w/ $10K autotrade	$9,710	$10,171	$9,181	$8,654	$9,154	$9,032	$10,247	$11,131	$10,150	$10,535	$11,400	$13,455
Comments						Note					Note	Note

2019 Returns – Pinnacle
Month End	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Profit/Loss Including Commissions	no trade	1.1%	2.3%	4.6%	1.3%	5.5%	4.9%	4.1%	5.8%	5.3%	-2.7%	-0.7%	+35.6% Simple Including Commissions
Starting w/ $10K autotrade	$10,000	$10,107	$10,335	$10,810	$10,950	$11,548	$12,112	$12,608	$13,334	$14,040	$13,655	$13,563
Comments							Note	Note		Note

2018 Returns – Pinnacle
Month End	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Autotrade Profit/Loss Including reserve & idle cash and Commissions					3.5%	3.0%	2.7%	no trade	no trade	1.1%	2.6%	no trade	+13.6% Compounded Including Commissions
Starting w/ $10K autotrade					$10,350	$10,660	$10,948	$10,948	$10,948	$11,068	$11,356	$11,356
Comments

2017 Returns – Classic
Month End	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Self-Managed Profit/Loss Including Commissions	-2.1%	-2.9%	-6.8%	8.8%	12.3%	11.4%	28.0%	23.8%	10.1%	-26.7%	20.6%	-6.2%
Realized Autotrade Profit/Loss Including reserve & idle cash and Commissions	-1.7%	-2.3%	-5.5%	6.9%	9.5%	8.9%	21.0%	18.0%	7.9%	-22.4%	15.7%	-5.0%	51.9% Compounded Including Commissions
Starting w/ $10K autotrade	$9,789	$9,501	$8,854	$9,697	$10,619	$11,560	$13,987	$16,507	$17,807	$13,812	$15,981	$15,187
Starting w/ $50K autotrade	$49,159	$48,005	$45,373	$48,485	$53,095	$57,803	$69,935	$82,535	$89,036	$69,060	$79,904	$75,935
Comments		Click here for info on the Jan & Feb returns		Click here for info on the Apr returns						Click here for info on the Oct returns

2016 Returns – Classic
Month End	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Self-Managed Profit/Loss Including Commissions	-5.7%	-1.7%	-5.2%	5.2%	3.7%	5.5%	1.0%	0.0%	2.2%	12.9%	8.3%	0.6%
Realized Autotrade Profit/Loss Including reserve & idle cash and Commissions	-3.4%	-1.3%	-7.8%	4.6%	4.4%	5.1%	1.0%	0.0%	4.5%	7.8%	9.1%	0.9%	26.3% Compounded Including Commissions
Starting w/ $10K autotrade	$9,660	$9,534	$8,790	$9,194	$9,599	$10,090	$10,190	$10,190	$10,648	$11,479	$12,524	$12,637
Starting w/ $50K autotrade	$48,300	$47,670	$43,950	$45,970	$47,993	$50,450	$50,950	$50,950	$53,240	$57,393	$62,618	$63,184
Comments													Click here for more info on the performance of 2016

2015 Returns – Classic
Month End	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Self-Managed Profit/Loss Including Commissions	0.0%	9.0%	-17.9%	7.4%	8.6%	11.3%	7.3%	-19.4%	6.2%	-4.6%	6.1%	11.8%	20.3% Compounded Including Commissions
Realized Autotrade Profit/Loss Including reserve & idle cash and Commissions	0.0%	5.5%	-9.3%	4.6%	3.9%	4.8%	2.2%	-10.2%	2.8%	-3.9%	2.7%	3.0%	4.4% Compounded Including Commissions
Starting w/ $10K autotrade	$10,000	$10,550	$9,568	$10,008	$10,398	$10,897	$11,136	$10,000	$10,280	$9,879	$10,145	$10,449
Starting w/ $50K autotrade	$50,000	$52,750	$47,844	$50,044	$51,995	$54,490	$55,688	$50,007	$51,407	$49,402	$50,735	$52,257
Comments

2014 Returns
Month End	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Self-Managed Profit/Loss Including Commissions	5.3%	-13.9%	3.0%	0.7%	7.8%	5.3%	-12.3%	-3.3%	-2.9%	-7.2%	-3.8%	-2.7%
Realized Autotrade Profit/Loss Including reserve & idle cash and Commissions	4.0%	-11.3%	2.8%	0.5%	5.7%	4.7%	-7.3%	-2.4%	-2.7%	-5.2%	-2.4%	-2.5%	-13.6% Compounded Including Commissions
Starting w/ $10K autotrade	$10,400	$9,224	$9,482	$9,529	$10,072	$10,545	$9,775	$9,540	$9,282	$8,799	$8,587	$8,372
Starting w/ $50K autotrade	$52,000	$46,124	$47,415	$47,652	$50,368	$52,735	$48,911	$47,737	$46,448	$44,032	$42,975	$41,943
Comments											Click here for more info on the performance of 2014

2013 Returns
Month End	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Self-Managed Profit/Loss Including Commissions	9.2%	8.6%	-1.8%	5.3%	-11.4%	6.4%	-5.7%	5.9%	-9.6%	9.0%	6.3%	6.1%	28.0% Compounded Including Commissions
Realized Autotrade Profit/Loss Including reserve & idle cash and Commissions	5.3%	6.3%	-1.3%	3.7%	-8.1%	4.4%	-4.2%	4.3%	-7.1%	5.1%	3.7%	4.5%	16.3% Compounded Including Commissions
Starting w/ $10K autotrade	$10,531	$11,191	$11,045	$11,455	$10,530	$10,994	$10,536	$10,986	$10,201	$10,721	$11,120	$11,625
Starting w/ $50K autotrade	$52,656	$55,957	$55,227	$57,277	$52,650	$54,968	$52,679	$54,931	$51,004	$53,606	$55,601	$58,126
Comments

2012 Returns
Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Profit/Loss Including Commissions	-1.0%	0.5%	6.5%	8.5%	-2.0%	7.5%	9.5%	4.5%	-2.0%	0.0%	4.5%	5.5%	42% Simple
Starting With $10K	$9,900	$9,950	$10,597	$11,498	$11,268	$12,113	$13,634	$14,247	$13,962	$13,962	$14,590	$15,392	54% Compounded
Starting With $50K	$49,500	$49,747	$52,981	$57,484	$56,334	$60,559	$68,164	$71,231	$69,806	$69,806	$72,948	$76,960	54% Compounded
Comments

2011 Returns
Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Profit/Loss Including Commissions	5.0%	7.0%	8.0%	7.5%	6.5%	5.5%	7.5%	-4.0%	-10.0%	0.5%	5.0%	9.0%	47% Simple
Starting With $10K	$10,500	$11,235	$12,133	$13,043	$13,891	$14,655	$15,754	$15,123	$13,610	$13,678	$14,362	$15,654	56% Compounded
Starting With $50K	$52,500	$56,175	$60,669	$65,219	$69,458	$73,278	$78,774	$75,623	$68,060	$68,400	$71,820	$78,283	56% Compounded
Comments

2010 Returns
Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Profit/Loss Including Commissions	5.5%	5%	-33%	0%	0%	9.5%	5.0%	7.5%	7.5%	9.5%	8.5%	9.5%	34% Simple
Starting With $10K	$10,550	$11,078	$7,422	$7,422	$7,422	$8,127	$8,533	$9,173	$9,861	$10,798	$11,716	$12,829	28% Compounded
Starting With $50K	$52,750	$55,388	$37,110	$37,110	$37,110	$40,635	$42,667	$45,867	$49,307	$53,991	$58,580	$64,145	28% Compounded
Comments		Click here for more info about the loss in March and new tools and analysis that we put in place to better predict trending markets.

2009 Returns
Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Profit/Loss Including Commissions	13.5%	6.5%	6.5%	5%	10%	14.5%	4.5%	9.0%	3.0%	6.0%	6.5%	7.0%	92% Simple
Starting With $10K	$11,350	$12,088	$12,873	$13,517	$14,869	$17,025	$17,791	$19,392	$19,974	$21,172	$22,548	$24,126	141% compounded
Starting With $50K	$56,750	$60,438	$64,367	$67,586	$74,344	$85,124	$88,954	$96,960	$99,869	$105,862	$112,742	$120,635	141% compounded

2008 Returns
Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Profit/Loss Including Commissions	-11%	13%	8.5%	10.5%	10%	9.5%	-10.5%	3.5%	11.5%	-35%	13%	15%	33% simple
Starting With $10K	$8,900	$10,057	$10,912	$12,058	$13,263	$14,523	$12,998	$13,453	$15,000	$9,750	$11,018	$12,670	26% compounded
Starting With $50K	$44,500	$50,285	$54,560	$60,288	$66,317	$72,617	$64,992	$67,267	$75,000	$48,752	$55,089	$63,353	26% compounded
Comments									Click here for more info about the loss in October and the analysis that we now perform weekly

2007 Returns
Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Profit/Loss Including Commissions	6.0%	8.0%	8.0%	4.0%	0%	8.5%	10.5%	-5.0%	9.5%	8.0%	7.5%	8.5%	63% Simple
Starting With $10K	$10,600	$11,448	$12,364	$12,858	$12,858	$13,951	$15,416	$14,645	$16,036	$17,319	$18,618	$20,200	102% compounded
Starting With $50K	$53,000	$57,240	$61,819	$64,292	$64,292	69,757	$77,081	$73,227	$80,184	$86,598	$93,093	$101,000	102% compounded

2006 Returns
Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROI
Realized Profit/Loss Including Commissions	6.0%	7.0%	12%	5.0%	3.0%	-7.0%	5.0%	7.0%	4.0%	7.0%	0%	5.0%	42% Simple
Starting With $10K	$10,600	$11,342	$12,703	$13,338	$13,738	$12,776	$13,415	$14,354	$14,928	$15,973	$15,973	$16,772	68% Compounded
Starting With $50K	$53,000	$56,710	$63,515	$66,691	$68,692	$63,883	$67,077	$71,773	$74,643	$79,868	$79,868	$83,862	68% Compounded