Aug 13, 2024 – Aug 12, 2026
Buy & hold finished $5403.78 ahead of the wheel (earned more: $17938.00 vs $12534.22).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $17938.00 | $12534.22 |
| Largest drop | $8493.00 | $5323.00 |
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, 8 cycles).
Simulated premium was $17,925. Simulated stock / assignment P&L was −$5,391. Combined realized P&L was $12,534.
Puts were assigned on 25.8% of put trades (8 of 31). Calls were assigned away on 40.0% of call trades (8 of 20).
This simulation’s wheel P&L ($12,534) trailed buy-and-hold P&L ($17,938) on the stored window.
Largest wheel drawdown in the stored series was $5,323. Buy-and-hold drawdown was $8,493.
Of 51 priced entries, 4 used Black-Scholes fills from implied volatility, 27 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 $17,925 in premium (51 trades, 8 cycles).
Simulated put assignment rate 25.8%; call-away rate 40.0%.
This simulation’s wheel P&L ($12,534) trailed buy-and-hold P&L ($17,938) 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
$17,925
Assignment rate
25.8%
Wheel P&L
$12,534
Buy-and-hold P&L
$17,938
Pricing sources: 4 IV / 27 bar / 20 HV
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