Oct 4, 2024 – Oct 2, 2026
The wheel finished $3011.55 ahead of buy & hold (earned more: $20861.55 vs $17850.00).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $17850.00 | $20861.55 |
| Largest drop | $14230.00 | $10687.00 |
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 (50 trades, 12 cycles).
Simulated premium was $39,362. Simulated stock / assignment P&L was −$18,500. Combined realized P&L was $20,862.
Puts were assigned on 41.4% of put trades (12 of 29). Calls were assigned away on 52.4% of call trades (11 of 21).
This simulation’s wheel P&L ($20,862) beat buy-and-hold P&L ($17,850) on the stored window.
Largest wheel drawdown in the stored series was $10,687. Buy-and-hold drawdown was $14,230.
Of 50 priced entries, 11 used Black-Scholes fills from implied volatility, 26 used historical option bars, and 13 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 $39,362 in premium (50 trades, 12 cycles).
Simulated put assignment rate 41.4%; call-away rate 52.4%.
This simulation’s wheel P&L ($20,862) beat buy-and-hold P&L ($17,850) 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
$39,362
Assignment rate
41.4%
Wheel P&L
$20,862
Buy-and-hold P&L
$17,850
Pricing sources: 11 IV / 26 bar / 13 HV
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