Sep 27, 2024 – Sep 25, 2026
The wheel finished $2322.77 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 | $-567.00 | $1755.77 |
| Largest drop | $1881.00 | $1434.93 |
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 (42 trades, 5 cycles).
Simulated premium was $2,756. Simulated stock / assignment P&L was −$1,000. Combined realized P&L was $1,756.
Puts were assigned on 41.7% of put trades (5 of 12). Calls were assigned away on 13.3% of call trades (4 of 30).
This simulation’s wheel P&L ($1,756) beat buy-and-hold P&L (−$567) on the stored window.
Largest wheel drawdown in the stored series was $1,435. Buy-and-hold drawdown was $1,881.
Of 42 priced entries, 9 used Black-Scholes fills from implied volatility, 12 used historical option bars, and 21 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 $2,756 in premium (42 trades, 5 cycles).
Simulated put assignment rate 41.7%; call-away rate 13.3%.
This simulation’s wheel P&L ($1,756) beat buy-and-hold P&L (−$567) 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
$2,756
Assignment rate
41.7%
Wheel P&L
$1,756
Buy-and-hold P&L
−$567
Pricing sources: 9 IV / 12 bar / 21 HV
Everything you need to know about getting started
