Sep 27, 2024 – Sep 25, 2026
Buy & hold finished $819.76 ahead of the wheel (lost less: $-104.00 vs $-923.76).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $-104.00 | $-923.76 |
| Largest drop | $2657.00 | $2007.00 |
Every sentence below is filled from the stored engine row. This page does not add a market story.
This simulation ran 2024-09-27 to 2026-09-25 (45 trades, 9 cycles).
Simulated premium was $4,776. Simulated stock / assignment P&L was −$5,700. Combined realized P&L was −$924.
Puts were assigned on 39.1% of put trades (9 of 23). Calls were assigned away on 40.9% of call trades (9 of 22).
This simulation’s wheel P&L (−$924) trailed buy-and-hold P&L (−$104) on the stored window.
Largest wheel drawdown in the stored series was $2,007. Buy-and-hold drawdown was $2,657.
Of 45 priced entries, 9 used historical option bars, and 36 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 $4,776 in premium (45 trades, 9 cycles).
Simulated put assignment rate 39.1%; call-away rate 40.9%.
This simulation’s wheel P&L (−$924) trailed buy-and-hold P&L (−$104) on the stored window.
Requested 2024-09-27–2026-09-27; actual 2024-09-27–2026-09-25.
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
$4,776
Assignment rate
39.1%
Wheel P&L
−$924
Buy-and-hold P&L
−$104
Pricing sources: 9 bar / 36 HV
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