Oct 4, 2024 – Oct 2, 2026
Buy & hold finished $6234.86 ahead of the wheel (earned more: $12051.00 vs $5816.14).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $12051.00 | $5816.14 |
| Largest drop | $25800.00 | $18971.50 |
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 (50 trades, 8 cycles).
Simulated premium was $53,316. Simulated stock / assignment P&L was −$47,500. Combined realized P&L was $5,816.
Puts were assigned on 34.8% of put trades (8 of 23). Calls were assigned away on 25.9% of call trades (7 of 27).
This simulation’s wheel P&L ($5,816) trailed buy-and-hold P&L ($12,051) on the stored window.
Largest wheel drawdown in the stored series was $18,972. Buy-and-hold drawdown was $25,800.
Of 50 priced entries, 12 used Black-Scholes fills from implied volatility, 26 used historical option bars, and 12 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 $53,316 in premium (50 trades, 8 cycles).
Simulated put assignment rate 34.8%; call-away rate 25.9%.
This simulation’s wheel P&L ($5,816) trailed buy-and-hold P&L ($12,051) 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
$53,316
Assignment rate
34.8%
Wheel P&L
$5,816
Buy-and-hold P&L
$12,051
Pricing sources: 12 IV / 26 bar / 12 HV
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