Sep 27, 2024 – Sep 25, 2026
Buy & hold finished $1360.65 ahead of the wheel (earned more: $10367.00 vs $9006.35).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $10367.00 | $9006.35 |
| Largest drop | $5512.00 | $5380.42 |
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, 10 cycles).
Simulated premium was $18,006. Simulated stock / assignment P&L was −$9,000. Combined realized P&L was $9,006.
Puts were assigned on 29.4% of put trades (10 of 34). Calls were assigned away on 58.8% of call trades (10 of 17).
This simulation’s wheel P&L ($9,006) trailed buy-and-hold P&L ($10,367) on the stored window.
Largest wheel drawdown in the stored series was $5,380. Buy-and-hold drawdown was $5,512.
Of 51 priced entries, 24 used Black-Scholes fills from implied volatility, and 27 used historical option bars. 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 $18,006 in premium (51 trades, 10 cycles).
Simulated put assignment rate 29.4%; call-away rate 58.8%.
This simulation’s wheel P&L ($9,006) trailed buy-and-hold P&L ($10,367) 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
$18,006
Assignment rate
29.4%
Wheel P&L
$9,006
Buy-and-hold P&L
$10,367
Pricing sources: 24 IV / 27 bar
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