Aug 13, 2024 – Aug 12, 2026
The wheel finished $2371.88 ahead of buy & hold (wheel made money while buy & hold lost).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $-1517.00 | $854.88 |
| Largest drop | $1927.00 | $939.60 |
Every sentence below is filled from the stored engine row. This page does not add a market story.
This simulation ran 2024-08-13 to 2026-08-12 (51 trades, 3 cycles).
Simulated premium was $1,255. Simulated stock / assignment P&L was −$400. Combined realized P&L was $855.
Puts were assigned on 13.0% of put trades (3 of 23). Calls were assigned away on 7.1% of call trades (2 of 28).
This simulation’s wheel P&L ($855) beat buy-and-hold P&L (−$1,517) on the stored window.
Largest wheel drawdown in the stored series was $940. Buy-and-hold drawdown was $1,927.
Of 51 priced entries, 4 used Black-Scholes fills from implied volatility, 27 used historical option bars, and 20 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 $1,255 in premium (51 trades, 3 cycles).
Simulated put assignment rate 13.0%; call-away rate 7.1%.
This simulation’s wheel P&L ($855) beat buy-and-hold P&L (−$1,517) on the stored window.
Requested 2024-08-13–2026-08-13; actual 2024-08-13–2026-08-12.
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
$1,255
Assignment rate
13.0%
Wheel P&L
$855
Buy-and-hold P&L
−$1,517
Pricing sources: 4 IV / 27 bar / 20 HV
Everything you need to know about getting started
