SPX 0DTE Late-Session 5W Put Credit Spread

Study window: 2022-06-30 to 2026-09-30

Performance summary

Annualized return
11.3% 		Max drawdown
-2.0% 		Sharpe ratio
1.90 		MAR ratio
5.56
Win rate
82.5% 		Completed trades
251 		Net modeled P/L
$14,410

P&L / net liquidity

Net liquidity · end of day

$39k$25kStartEnd

Monthly P&L

Daily change in modeled net liquidity, including open positions. 🟩 positive; 🟥 negative; $0 no monthly change. The study includes every month through September 2026. Amounts are rounded to the nearest dollar.

Jan–Jun

Year Jan Feb Mar Apr May Jun
2022 · · · · · $0
2023 🟩 +$99 🟩 +$388 🟩 +$778 🟩 +$436 🟩 +$450 🟩 +$764
2024 🟩 +$355 🟩 +$521 🟩 +$581 🟥 −$200 🟩 +$335 🟥 −$509
2025 🟩 +$486 🟩 +$260 🟥 −$172 🟩 +$433 🟥 −$178 🟩 +$689
2026 🟩 +$326 🟥 −$88 🟥 −$50 🟩 +$280 🟩 +$331 🟥 −$158

Jul–Dec

Year Jul Aug Sep Oct Nov Dec
2022 🟩 +$1,206 🟩 +$742 🟩 +$701 🟩 +$751 🟩 +$69 🟩 +$94
2023 🟥 −$81 🟩 +$558 🟩 +$198 🟩 +$300 🟩 +$567 🟩 +$588
2024 🟥 −$69 🟩 +$562 🟩 +$288 🟩 +$208 🟥 −$25 🟩 +$117
2025 🟥 −$230 🟩 +$466 🟩 +$220 🟩 +$268 🟥 −$368 🟩 +$351
2026 🟩 +$324 🟩 +$325 🟩 +$119 · · ·

Additional analysis

Profitable active months: 39 of 51 · Worst month: 2024-06 (−$509) · Median closed trade: +$122.

Annual P&L

Year Modeled P&L
2022 · partial year +$3,564
2023 +$5,045
2024 +$2,166
2025 +$2,226
2026 · partial year +$1,409

Recent trade examples

Ten most recently closed, consecutive non-ignored trade-log rows; gains and losses are left as recorded.

Closed Outcome Net modeled P/L
2026-09-25 Gain +$131.56
2026-09-21 Gain +$101.56
2026-09-11 Loss −$225.44
2026-09-03 Gain +$111.56
2026-08-13 Gain +$81.56
2026-08-04 Gain +$161.56
2026-08-03 Gain +$81.56
2026-07-30 Gain +$131.56
2026-07-28 Gain +$9.56
2026-07-09 Gain +$81.56

Historical results are simulated and do not predict future performance.