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 1015 trades that stayed open for an average of 23 days. The results were impressive - winning 73.2% of the time (743 wins vs 272 losses), which shows remarkable consistency. This translated to $422,938.90 in total profits. On average, each position made $416.69. Annualized, that's a 0.6% return (CAGR) - modest but positive. Impressively, the maximum drawdown was only 3.1%, showing excellent risk control. 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 |
|---|---|---|---|---|---|---|
| 2012-12-10 | $0.12 | $0.07 | Take Profit | $35.72 | 39.48% | |
| 2012-12-11 | $0.26 | $0.10 | Take Profit | $141.16 | 60.41% | |
| 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% | |
| 2012-12-26 | $0.37 | $0.05 | Early Exit | $310.90 | 86.63% | |
| 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% | |
| 2013-01-22 | $0.09 | $0.07 | Take Profit | $12.44 | 26.98% | |
| 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% | |
| 2013-02-01 | $0.09 | $0.05 | Early Exit | $22.40 | 41.45% | |
| 2013-02-04 | $0.09 | $0.07 | Early Exit | $8.40 | 23.83% | |
| 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% | |
| 2013-03-25 | $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 | $0.14 | $0.17 | Early Exit | $-49.40 | -26.73% | |
| 2013-04-09 | $0.22 | $2.26 | Early Exit | $-2,054.70 | -936.99% | |
| 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% | |
| 2013-04-29 | $0.12 | $0.05 | Early Exit | $60.50 | 59.51% | |
| 2013-05-13 | $0.12 | $0.05 | Early Exit | $54.40 | 57.41% | |
| 2013-05-21 | $0.16 | $0.08 | Take Profit | $66.68 | 49.15% | |
| 2013-05-20 | $0.14 | $0.08 | Take Profit | $50.12 | 44.64% | |
| 2013-05-22 | $0.14 | $0.08 | Take Profit | $47.16 | 43.69% | |
| 2013-06-03 | $0.22 | $0.09 | Take Profit | $112.44 | 57.20% | |
| 2013-06-06 | $0.19 | $0.09 | Take Profit | $92.44 | 54.27% | |
| 2013-05-28 | $0.08 | $0.05 | Early Exit | $13.90 | 34.98% | |
| 2013-06-14 | $0.24 | $0.10 | Take Profit | $126.60 | 58.90% | |
| 2013-06-04 | $0.13 | $0.05 | Early Exit | $69.40 | 62.24% | |
| 2013-06-05 | $0.16 | $0.05 | Early Exit | $95.30 | 68.41% | |
| 2013-06-20 | $0.27 | $1.02 | Early Exit | $-765.60 | -281.66% | |
| 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% | |
| 2013-07-01 | $0.28 | $1.45 | Early Exit | $-1,182.20 | -412.42% | |
| 2013-07-02 | $0.11 | $0.68 | Early Exit | $-586.90 | -530.41% | |
| 2013-07-31 | $0.09 | $0.07 | Take Profit | $12.20 | 26.81% | |
| 2013-07-22 | $0.07 | $0.05 | Early Exit | $5.80 | 27.33% | |
| 2013-07-23 | $0.13 | $0.10 | Early Exit | $24.80 | 28.23% | |
| 2013-07-29 | $0.14 | $0.08 | Take Profit | $46.36 | 43.42% |