Aug 13, 2024 – Aug 12, 2026
Buy & hold finished $2553.72 ahead of the wheel (earned more: $5358.00 vs $2804.28).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $5358.00 | $2804.28 |
| Largest drop | $4510.00 | $2107.00 |
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 (50 trades, 10 cycles).
Simulated premium was $6,977. Simulated stock / assignment P&L was −$4,172. Combined realized P&L was $2,804.
Puts were assigned on 35.7% of put trades (10 of 28). Calls were assigned away on 45.5% of call trades (10 of 22).
This simulation’s wheel P&L ($2,804) trailed buy-and-hold P&L ($5,358) on the stored window.
Largest wheel drawdown in the stored series was $2,107. Buy-and-hold drawdown was $4,510.
Of 50 priced entries, 24 used Black-Scholes fills from implied volatility, and 26 used historical option bars. 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 $6,977 in premium (50 trades, 10 cycles).
Simulated put assignment rate 35.7%; call-away rate 45.5%.
This simulation’s wheel P&L ($2,804) trailed buy-and-hold P&L ($5,358) 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
$6,977
Assignment rate
35.7%
Wheel P&L
$2,804
Buy-and-hold P&L
$5,358
Pricing sources: 24 IV / 26 bar
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