Oct 4, 2024 – Oct 2, 2026
Buy & hold finished $14594.46 ahead of the wheel (buy & hold made money while the wheel lost).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $13214.00 | $-1380.46 |
| Largest drop | $26428.00 | $17871.33 |
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 (51 trades, 9 cycles).
Simulated premium was $53,620. Simulated stock / assignment P&L was −$55,000. Combined realized P&L was −$1,380.
Puts were assigned on 32.1% of put trades (9 of 28). Calls were assigned away on 39.1% of call trades (9 of 23).
This simulation’s wheel P&L (−$1,380) trailed buy-and-hold P&L ($13,214) on the stored window.
Largest wheel drawdown in the stored series was $17,871. Buy-and-hold drawdown was $26,428.
Of 51 priced entries, 8 used Black-Scholes fills from implied volatility, 27 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 $53,620 in premium (51 trades, 9 cycles).
Simulated put assignment rate 32.1%; call-away rate 39.1%.
This simulation’s wheel P&L (−$1,380) trailed buy-and-hold P&L ($13,214) 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
$53,620
Assignment rate
32.1%
Wheel P&L
−$1,380
Buy-and-hold P&L
$13,214
Pricing sources: 8 IV / 27 bar / 16 HV
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