Oct 4, 2024 – Oct 2, 2026
Buy & hold finished $7788.47 ahead of the wheel (earned more: $10487.00 vs $2698.53).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $10487.00 | $2698.53 |
| Largest drop | $11585.00 | $7946.00 |
Every sentence below is filled from the stored engine row. This page does not add a market story.
This simulation ran 2024-10-04 to 2026-10-02 (48 trades, 11 cycles).
Simulated premium was $14,949. Simulated stock / assignment P&L was −$12,250. Combined realized P&L was $2,699.
Puts were assigned on 36.7% of put trades (11 of 30). Calls were assigned away on 55.6% of call trades (10 of 18).
This simulation’s wheel P&L ($2,699) trailed buy-and-hold P&L ($10,487) on the stored window.
Largest wheel drawdown in the stored series was $7,946. Buy-and-hold drawdown was $11,585.
Of 48 priced entries, 4 used Black-Scholes fills from implied volatility, 24 used historical option bars, and 20 used Black-Scholes fills from realized volatility. The engine flagged this run as using modeled fills.
Phase 1 totals from the stored engine summary
Phase 2 totals from the stored engine summary
One fixed recipe — 10 DTE / 2% OTM — not your DTE or OTM
No underlying price tape and no per-trade list on this page
Results are simulated and can use model fills when quotes are missing
A failed weekly refresh removes this page until the next success
This simulation produced $14,949 in premium (48 trades, 11 cycles).
Simulated put assignment rate 36.7%; call-away rate 55.6%.
This simulation’s wheel P&L ($2,699) trailed buy-and-hold P&L ($10,487) on the stored window.
Requested 2024-10-04–2026-10-04; actual 2024-10-04–2026-10-02.
Premium, assignment, wheel P&L, and buy-and-hold P&L come from one engine row. The why-this-result copy is filled from those fields only.
The chart is the same 100-share wheel vs buy-and-hold series as the interactive tool. Underlying closes and the trade tape stay off this page.
Start a trial and open the gated wheel backtest to change DTE, OTM, or dates.
Simulated premium
$14,949
Assignment rate
36.7%
Wheel P&L
$2,699
Buy-and-hold P&L
$10,487
Pricing sources: 4 IV / 24 bar / 20 HV
Everything you need to know about getting started
