Oct 4, 2024 – Oct 2, 2026
The wheel finished $7906.79 ahead of buy & hold (earned more: $11660.79 vs $3754.00).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $3754.00 | $11660.79 |
| Largest drop | $22686.00 | $19651.32 |
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, 9 cycles).
Simulated premium was $38,161. Simulated stock / assignment P&L was −$26,500. Combined realized P&L was $11,661.
Puts were assigned on 37.5% of put trades (9 of 24). Calls were assigned away on 30.8% of call trades (8 of 26).
This simulation’s wheel P&L ($11,661) beat buy-and-hold P&L ($3,754) on the stored window.
Largest wheel drawdown in the stored series was $19,651. Buy-and-hold drawdown was $22,686.
Of 50 priced entries, 4 used Black-Scholes fills from implied volatility, 26 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 $38,161 in premium (50 trades, 9 cycles).
Simulated put assignment rate 37.5%; call-away rate 30.8%.
This simulation’s wheel P&L ($11,661) beat buy-and-hold P&L ($3,754) 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
$38,161
Assignment rate
37.5%
Wheel P&L
$11,661
Buy-and-hold P&L
$3,754
Pricing sources: 4 IV / 26 bar / 20 HV
Everything you need to know about getting started
