Aug 13, 2024 – Aug 12, 2026
The wheel finished $304.74 ahead of buy & hold (earned more: $26293.74 vs $25989.00).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $25989.00 | $26293.74 |
| Largest drop | $12112.00 | $10355.00 |
Every sentence below is filled from the stored engine row. This page does not add a market story.
This simulation ran 2024-08-13 to 2026-08-12 (51 trades, 12 cycles).
Simulated premium was $37,515. Simulated stock / assignment P&L was −$11,221. Combined realized P&L was $26,294.
Puts were assigned on 38.7% of put trades (12 of 31). Calls were assigned away on 60.0% of call trades (12 of 20).
This simulation’s wheel P&L ($26,294) beat buy-and-hold P&L ($25,989) on the stored window.
Largest wheel drawdown in the stored series was $10,355. Buy-and-hold drawdown was $12,112.
Of 51 priced entries, 7 used Black-Scholes fills from implied volatility, 27 used historical option bars, and 17 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 $37,515 in premium (51 trades, 12 cycles).
Simulated put assignment rate 38.7%; call-away rate 60.0%.
This simulation’s wheel P&L ($26,294) beat buy-and-hold P&L ($25,989) on the stored window.
Requested 2024-08-13–2026-08-13; actual 2024-08-13–2026-08-12.
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
$37,515
Assignment rate
38.7%
Wheel P&L
$26,294
Buy-and-hold P&L
$25,989
Pricing sources: 7 IV / 27 bar / 17 HV
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