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 1058 trades that stayed open for an average of 26 days. The results were impressive - winning 74.29% of the time (786 wins vs 272 losses), which shows remarkable consistency. This translated to $559,240.36 in total profits. On average, each position made $528.58. Annualized, that's a 3.5% return (CAGR) - modest but positive. The journey was quite volatile though - at its worst, the account was down 23.1%, which would require strong conviction to ride out. Overall, this is a viable strategy that could be improved with some fine-tuning.
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Trade Log
| Date | Entry | Exit | Exit Reason | P&L | Return | Action |
|---|---|---|---|---|---|---|
| 2012-12-11 | $0.26 | $0.10 | Take Profit | $141.16 | 60.41% | |
| 2012-12-10 | $0.35 | $0.12 | Take Profit | $213.40 | 65.53% | |
| 2012-12-12 | $0.41 | $0.13 | Take Profit | $261.24 | 67.66% | |
| 2012-12-13 | $0.34 | $0.12 | Take Profit | $207.40 | 65.21% | |
| 2012-12-14 | $0.44 | $0.39 | Early Exit | $28.90 | 9.60% | |
| 2012-12-17 | $0.33 | $0.12 | Take Profit | $200.68 | 64.83% | |
| 2013-01-14 | $0.15 | $0.08 | Take Profit | $56.84 | 46.62% | |
| 2012-12-28 | $0.53 | $1.33 | Early Exit | $-815.00 | -151.18% | |
| 2013-01-16 | $0.10 | $0.07 | Take Profit | $14.36 | 28.29% | |
| 2013-01-15 | $0.21 | $0.09 | Take Profit | $102.12 | 55.78% | |
| 2013-01-17 | $0.16 | $0.08 | Take Profit | $63.96 | 48.49% | |
| 2013-01-18 | $0.10 | $0.07 | Take Profit | $13.32 | 27.59% | |
| 2013-01-24 | $0.20 | $0.09 | Take Profit | $93.32 | 54.41% | |
| 2013-01-28 | $0.07 | $0.05 | Early Exit | $11.80 | 33.16% | |
| 2013-01-30 | $0.19 | $0.09 | Take Profit | $92.36 | 54.25% | |
| 2013-02-06 | $0.14 | $0.08 | Take Profit | $48.84 | 44.23% | |
| 2013-02-04 | $0.26 | $0.32 | Early Exit | $-67.70 | -20.92% | |
| 2013-02-05 | $0.32 | $0.32 | Early Exit | $-4.90 | 2.50% | |
| 2013-02-27 | $0.07 | $0.06 | Take Profit | $-5.24 | 10.75% | |
| 2013-02-21 | $0.19 | $0.14 | Early Exit | $41.70 | 28.09% | |
| 2013-02-25 | $0.23 | $0.14 | Early Exit | $73.80 | 38.27% | |
| 2013-02-26 | $0.18 | $0.14 | Early Exit | $27.10 | 22.27% | |
| 2013-03-12 | $0.18 | $0.09 | Take Profit | $78.52 | 51.74% | |
| 2013-03-20 | $0.05 | $0.06 | Take Profit | $-21.32 | -15.97% | |
| 2013-03-11 | $0.06 | $0.05 | Early Exit | $-0.80 | 19.61% | |
| 2013-03-25 | $0.10 | $0.07 | Take Profit | $14.76 | 28.56% | |
| 2013-03-26 | $0.10 | $0.07 | Take Profit | $14.52 | 28.40% | |
| 2013-03-28 | $0.12 | $0.07 | Take Profit | $34.52 | 38.98% | |
| 2013-04-03 | $0.24 | $2.26 | Early Exit | $-2,031.40 | -836.82% | |
| 2013-04-09 | $0.22 | $2.26 | Early Exit | $-2,054.70 | -936.99% | |
| 2013-04-15 | $0.22 | $2.26 | Early Exit | $-2,056.30 | -944.66% | |
| 2013-04-18 | $0.32 | $0.05 | Early Exit | $258.30 | 84.44% | |
| 2013-04-19 | $0.16 | $0.05 | Early Exit | $96.20 | 68.59% | |
| 2013-04-22 | $0.09 | $2.29 | Early Exit | $-2,209.30 | -2,341.47% | |
| 2013-05-15 | $0.14 | $0.08 | Take Profit | $51.48 | 45.06% | |
| 2013-05-13 | $0.30 | $0.11 | Take Profit | $173.96 | 63.12% | |
| 2013-05-14 | $0.36 | $0.12 | Take Profit | $225.16 | 66.12% | |
| 2013-05-20 | $0.23 | $0.10 | Take Profit | $124.36 | 58.65% | |
| 2013-05-21 | $0.16 | $0.08 | Take Profit | $66.68 | 49.15% | |
| 2013-05-22 | $0.14 | $0.08 | Take Profit | $47.16 | 43.69% | |
| 2013-06-06 | $0.39 | $0.13 | Take Profit | $247.00 | 67.10% | |
| 2013-06-07 | $0.26 | $0.10 | Take Profit | $148.92 | 61.12% | |
| 2013-06-10 | $0.25 | $0.10 | Take Profit | $137.24 | 60.02% | |
| 2013-06-11 | $0.20 | $0.09 | Take Profit | $93.72 | 54.48% | |
| 2013-06-05 | $0.33 | $0.12 | Take Profit | $201.40 | 64.87% | |
| 2013-06-04 | $0.13 | $0.05 | Early Exit | $69.40 | 62.24% | |
| 2013-06-21 | $0.39 | $1.90 | Early Exit | $-1,528.50 | -393.64% | |
| 2013-06-24 | $0.37 | $2.38 | Early Exit | $-2,018.60 | -540.16% | |
| 2013-06-25 | $0.26 | $1.90 | Early Exit | $-1,648.90 | -618.25% | |
| 2013-06-26 | $0.15 | $1.02 | Early Exit | $-883.80 | -584.43% |