Oversold Buy Signal Forward Test Results

Since early July, I've been trading the Oversold Buy Signal using long dated, deep-in-the-money call options.  Here are the final results of the forward test. 

• # Winners - 13
• Average Gain - 27.19%
• # Losers - 4
• Average Loser - 22.92%

With a win rate of close to 70% and an average gain of close to 30%,  the forward test was even better performing than the backtest, though the market was pretty much flat to up over the past 5 months. That no doubt helped. 

Next, I'm going to trade the same strategy, but use either short put spreads or long call spreads (depending on volatility) to see if eliminating, and even adding theta decay can improve performance.