Oct 4, 2024 – Oct 2, 2026
Buy & hold finished $1480.08 ahead of the wheel (earned more: $2538.00 vs $1057.92).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $2538.00 | $1057.92 |
| Largest drop | $5521.00 | $2472.00 |
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 (49 trades, 7 cycles).
Simulated premium was $6,058. Simulated stock / assignment P&L was −$5,000. Combined realized P&L was $1,058.
Puts were assigned on 20.0% of put trades (7 of 35). Calls were assigned away on 42.9% of call trades (6 of 14).
This simulation’s wheel P&L ($1,058) trailed buy-and-hold P&L ($2,538) on the stored window.
Largest wheel drawdown in the stored series was $2,472. Buy-and-hold drawdown was $5,521.
Of 49 priced entries, 8 used Black-Scholes fills from implied volatility, 25 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 $6,058 in premium (49 trades, 7 cycles).
Simulated put assignment rate 20.0%; call-away rate 42.9%.
This simulation’s wheel P&L ($1,058) trailed buy-and-hold P&L ($2,538) 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
$6,058
Assignment rate
20.0%
Wheel P&L
$1,058
Buy-and-hold P&L
$2,538
Pricing sources: 8 IV / 25 bar / 16 HV
Everything you need to know about getting started
