Covered Call
Covered Call • Dec 10, 2012 - Dec 10, 2025
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Covered Call strategy on QQQ from Dec 10, 2012 - Dec 10, 2025, placing 1525 trades that stayed open for an average of 29 days. The results were impressive - winning 78.36% of the time (1195 wins vs 330 losses), which shows remarkable consistency. This translated to $5,068,060.60 in total profits. On average, each position made $3,323.32. The 14.9% annualized return (CAGR) shows this could be a solid long-term strategy. The account experienced a 10.0% drawdown at its lowest point, which is moderate but manageable. With a Sharpe ratio of 8.14, the returns were excellent relative to the risk taken. The strategy managed to keep 50.0% of the premium collected. Bottom line: this strategy looks promising for anyone seeking consistent, well-managed returns.
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Trade Log
| Date | Entry | Exit | Exit Reason | P&L | Return | Action |
|---|---|---|---|---|---|---|
| 2012-12-18 | $0.93 | $0.24 | Take Profit | $678.68 | 74.61% | |
| 2012-12-10 | $1.44 | $2.00 | Early Exit | $-571.60 | -38.73% | |
| 2012-12-11 | $1.27 | $1.09 | Early Exit | $161.10 | 13.76% | |
| 2012-12-12 | $1.10 | $1.09 | Early Exit | $-4.90 | 0.74% | |
| 2012-12-13 | $1.39 | $2.00 | Early Exit | $-626.20 | -44.19% | |
| 2012-12-14 | $1.12 | $2.00 | Early Exit | $-898.20 | -79.33% | |
| 2012-12-17 | $1.52 | $2.00 | Early Exit | $-498.40 | -32.03% | |
| 2012-12-19 | $1.30 | $1.09 | Early Exit | $196.90 | 16.13% | |
| 2012-12-20 | $1.38 | $0.05 | Early Exit | $1,317.70 | 96.38% | |
| 2012-12-21 | $1.56 | $0.05 | Early Exit | $1,494.50 | 96.79% | |
| 2012-12-28 | $1.78 | $0.05 | Early Exit | $1,713.50 | 97.19% | |
| 2013-01-14 | $1.08 | $1.16 | Early Exit | $-97.90 | -7.87% | |
| 2013-01-15 | $0.86 | $1.16 | Early Exit | $-321.40 | -36.06% | |
| 2013-01-16 | $0.92 | $1.16 | Early Exit | $-254.40 | -26.17% | |
| 2013-01-17 | $1.22 | $0.05 | Early Exit | $1,156.30 | 95.90% | |
| 2013-01-18 | $1.05 | $0.05 | Early Exit | $983.60 | 95.22% | |
| 2013-01-22 | $1.26 | $0.05 | Early Exit | $1,198.80 | 96.04% | |
| 2013-01-23 | $0.80 | $0.05 | Early Exit | $732.20 | 93.71% | |
| 2013-01-24 | $0.86 | $0.38 | Early Exit | $465.80 | 55.66% | |
| 2013-01-25 | $0.93 | $0.38 | Early Exit | $531.10 | 58.78% | |
| 2013-01-28 | $1.02 | $0.38 | Early Exit | $628.00 | 62.69% | |
| 2013-02-11 | $1.16 | $0.64 | Early Exit | $514.20 | 45.35% | |
| 2013-02-12 | $1.02 | $0.64 | Early Exit | $372.90 | 37.79% | |
| 2013-02-13 | $1.08 | $0.64 | Early Exit | $431.10 | 41.14% | |
| 2013-02-19 | $1.04 | $0.64 | Early Exit | $395.40 | 39.13% | |
| 2013-02-20 | $1.10 | $1.46 | Early Exit | $-373.80 | -32.82% | |
| 2013-02-21 | $0.90 | $1.46 | Early Exit | $-575.40 | -62.65% | |
| 2013-02-22 | $1.12 | $1.46 | Early Exit | $-355.90 | -30.69% | |
| 2013-02-25 | $1.41 | $2.40 | Early Exit | $-997.30 | -69.76% | |
| 2013-02-26 | $0.85 | $1.46 | Early Exit | $-625.70 | -72.30% | |
| 2013-02-27 | $1.12 | $1.46 | Early Exit | $-348.60 | -29.84% | |
| 2013-03-25 | $1.19 | $1.09 | Early Exit | $88.10 | 8.51% | |
| 2013-03-26 | $0.76 | $0.47 | Early Exit | $282.30 | 38.67% | |
| 2013-03-27 | $0.76 | $0.47 | Early Exit | $277.50 | 38.28% | |
| 2013-03-28 | $1.02 | $1.39 | Early Exit | $-388.40 | -36.85% | |
| 2013-04-01 | $0.98 | $1.84 | Early Exit | $-865.90 | -86.70% | |
| 2013-04-02 | $1.38 | $1.84 | Early Exit | $-468.10 | -32.94% | |
| 2013-04-03 | $1.50 | $0.05 | Early Exit | $1,439.60 | 96.67% | |
| 2013-04-04 | $1.45 | $0.05 | Early Exit | $1,386.40 | 96.55% | |
| 2013-04-05 | $1.12 | $0.05 | Early Exit | $1,059.60 | 95.55% | |
| 2013-04-08 | $1.31 | $0.05 | Early Exit | $1,250.60 | 96.19% | |
| 2013-04-22 | $0.93 | $0.05 | Early Exit | $866.70 | 94.62% | |
| 2013-04-23 | $1.29 | $0.05 | Early Exit | $1,227.40 | 96.13% | |
| 2013-04-24 | $1.21 | $0.05 | Early Exit | $1,150.90 | 95.88% | |
| 2013-04-29 | $1.15 | $0.05 | Early Exit | $1,088.80 | 95.66% | |
| 2013-04-30 | $0.85 | $0.05 | Early Exit | $788.60 | 94.13% | |
| 2013-05-01 | $0.95 | $0.05 | Early Exit | $888.90 | 94.75% | |
| 2013-05-13 | $1.45 | $0.34 | Take Profit | $1,096.68 | 76.55% | |
| 2013-05-14 | $1.05 | $0.26 | Take Profit | $780.52 | 75.26% | |
| 2013-05-15 | $1.03 | $0.26 | Take Profit | $762.76 | 75.16% |