Oct 4, 2024 – Oct 2, 2026
Buy & hold finished $7347.34 ahead of the wheel (earned more: $17644.00 vs $10296.66).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $17644.00 | $10296.66 |
| 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 2024-10-04 to 2026-10-02 (50 trades, 8 cycles).
Simulated premium was $18,297. Simulated stock / assignment P&L was −$8,000. Combined realized P&L was $10,297.
Puts were assigned on 27.6% of put trades (8 of 29). Calls were assigned away on 38.1% of call trades (8 of 21).
This simulation’s wheel P&L ($10,297) trailed buy-and-hold P&L ($17,644) on the stored window.
Largest wheel drawdown in the stored series was $5,323. Buy-and-hold drawdown was $8,493.
Of 50 priced entries, 8 used Black-Scholes fills from implied volatility, 26 used historical option bars, and 16 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 $18,297 in premium (50 trades, 8 cycles).
Simulated put assignment rate 27.6%; call-away rate 38.1%.
This simulation’s wheel P&L ($10,297) trailed buy-and-hold P&L ($17,644) 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
$18,297
Assignment rate
27.6%
Wheel P&L
$10,297
Buy-and-hold P&L
$17,644
Pricing sources: 8 IV / 26 bar / 16 HV
Everything you need to know about getting started
