Sep 27, 2024 – Sep 25, 2026
Buy & hold finished $24117.64 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 | $18430.00 | $-5687.64 |
| Largest drop | $26428.00 | $29571.00 |
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 (51 trades, 13 cycles).
Simulated premium was $51,312. Simulated stock / assignment P&L was −$57,000. Combined realized P&L was −$5,688.
Puts were assigned on 56.5% of put trades (13 of 23). Calls were assigned away on 46.4% of call trades (13 of 28).
This simulation’s wheel P&L (−$5,688) trailed buy-and-hold P&L ($18,430) on the stored window.
Largest wheel drawdown in the stored series was $29,571. Buy-and-hold drawdown was $26,428.
Of 51 priced entries, 7 used Black-Scholes fills from implied volatility, 27 used historical option bars, and 17 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 $51,312 in premium (51 trades, 13 cycles).
Simulated put assignment rate 56.5%; call-away rate 46.4%.
This simulation’s wheel P&L (−$5,688) trailed buy-and-hold P&L ($18,430) 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
$51,312
Assignment rate
56.5%
Wheel P&L
−$5,688
Buy-and-hold P&L
$18,430
Pricing sources: 7 IV / 27 bar / 17 HV
Everything you need to know about getting started
