Aug 13, 2024 – Aug 12, 2026
The wheel finished $3367.82 ahead of buy & hold (earned more: $15335.82 vs $11968.00).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $11968.00 | $15335.82 |
| Largest drop | $25800.00 | $17932.14 |
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, 8 cycles).
Simulated premium was $53,482. Simulated stock / assignment P&L was −$38,146. Combined realized P&L was $15,336.
Puts were assigned on 33.3% of put trades (8 of 24). Calls were assigned away on 29.6% of call trades (8 of 27).
This simulation’s wheel P&L ($15,336) beat buy-and-hold P&L ($11,968) on the stored window.
Largest wheel drawdown in the stored series was $17,932. Buy-and-hold drawdown was $25,800.
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 $53,482 in premium (51 trades, 8 cycles).
Simulated put assignment rate 33.3%; call-away rate 29.6%.
This simulation’s wheel P&L ($15,336) beat buy-and-hold P&L ($11,968) 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
$53,482
Assignment rate
33.3%
Wheel P&L
$15,336
Buy-and-hold P&L
$11,968
Pricing sources: 8 IV / 27 bar / 16 HV
Everything you need to know about getting started
