Oct 4, 2024 – Oct 2, 2026
The wheel finished $290.78 ahead of buy & hold (earned more: $1913.78 vs $1623.00).
Buy & hold Buy 100 shares and hold | Wheel strategy Puts → calls · keep premiums as cash | |
|---|---|---|
| Profit or loss | $1623.00 | $1913.78 |
| Largest drop | $1042.00 | $965.12 |
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 (51 trades, 11 cycles).
Simulated premium was $3,064. Simulated stock / assignment P&L was −$1,150. Combined realized P&L was $1,914.
Puts were assigned on 32.4% of put trades (11 of 34). Calls were assigned away on 64.7% of call trades (11 of 17).
This simulation’s wheel P&L ($1,914) beat buy-and-hold P&L ($1,623) on the stored window.
Largest wheel drawdown in the stored series was $965. Buy-and-hold drawdown was $1,042.
Of 51 priced entries, 19 used Black-Scholes fills from implied volatility, 20 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 $3,064 in premium (51 trades, 11 cycles).
Simulated put assignment rate 32.4%; call-away rate 64.7%.
This simulation’s wheel P&L ($1,914) beat buy-and-hold P&L ($1,623) 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
$3,064
Assignment rate
32.4%
Wheel P&L
$1,914
Buy-and-hold P&L
$1,623
Pricing sources: 19 IV / 20 bar / 12 HV
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