Sep 27, 2024 – Sep 25, 2026
Buy & hold finished $389.59 ahead of the wheel (earned more: $1602.00 vs $1212.41).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $1602.00 | $1212.41 |
| Largest drop | $1105.00 | $846.53 |
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 (47 trades, 9 cycles).
Simulated premium was $1,962. Simulated stock / assignment P&L was −$750. Combined realized P&L was $1,212.
Puts were assigned on 47.4% of put trades (9 of 19). Calls were assigned away on 28.6% of call trades (8 of 28).
This simulation’s wheel P&L ($1,212) trailed buy-and-hold P&L ($1,602) on the stored window.
Largest wheel drawdown in the stored series was $847. Buy-and-hold drawdown was $1,105.
Of 47 priced entries, 23 used historical option bars, and 24 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 $1,962 in premium (47 trades, 9 cycles).
Simulated put assignment rate 47.4%; call-away rate 28.6%.
This simulation’s wheel P&L ($1,212) trailed buy-and-hold P&L ($1,602) 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
$1,962
Assignment rate
47.4%
Wheel P&L
$1,212
Buy-and-hold P&L
$1,602
Pricing sources: 23 bar / 24 HV
Everything you need to know about getting started
