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 1029 trades that stayed open for an average of 27 days. The results were impressive - winning 76.29% of the time (785 wins vs 244 losses), which shows remarkable consistency. This translated to $1,009,429.30 in total profits. On average, each position made $980.98. The 5.5% annualized return (CAGR) shows this could be a solid long-term strategy. The account experienced a 18.7% drawdown at its lowest point, which is moderate but manageable. The Sharpe ratio of 0.70 shows modest risk-adjusted performance. 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 | $0.48 | $0.15 | Take Profit | $317.72 | 69.49% | |
| 2012-12-10 | $0.61 | $0.39 | Early Exit | $201.60 | 35.23% | |
| 2012-12-12 | $0.41 | $0.13 | Take Profit | $261.24 | 67.66% | |
| 2012-12-13 | $0.58 | $0.39 | Early Exit | $173.20 | 32.06% | |
| 2012-12-14 | $0.44 | $0.39 | Early Exit | $28.90 | 9.60% | |
| 2012-12-17 | $0.59 | $0.39 | Early Exit | $184.20 | 33.33% | |
| 2012-12-28 | $0.83 | $2.24 | Early Exit | $-1,420.50 | -169.01% | |
| 2013-01-14 | $0.34 | $0.12 | Take Profit | $207.32 | 65.20% | |
| 2013-01-15 | $0.21 | $0.09 | Take Profit | $102.12 | 55.78% | |
| 2013-01-16 | $0.24 | $0.10 | Take Profit | $128.12 | 59.07% | |
| 2013-01-17 | $0.37 | $0.12 | Take Profit | $232.68 | 66.47% | |
| 2013-01-18 | $0.27 | $0.10 | Take Profit | $150.44 | 61.26% | |
| 2013-01-28 | $0.23 | $0.10 | Take Profit | $120.20 | 58.17% | |
| 2013-01-31 | $0.39 | $0.13 | Take Profit | $251.48 | 67.28% | |
| 2013-02-04 | $0.26 | $0.32 | Early Exit | $-67.70 | -20.92% | |
| 2013-02-05 | $0.78 | $1.05 | Early Exit | $-285.40 | -35.04% | |
| 2013-02-06 | $0.35 | $0.32 | Early Exit | $25.00 | 10.73% | |
| 2013-02-15 | $0.19 | $0.09 | Take Profit | $88.52 | 53.60% | |
| 2013-02-21 | $0.19 | $0.14 | Early Exit | $41.70 | 28.09% | |
| 2013-03-04 | $0.14 | $0.08 | Take Profit | $51.56 | 45.08% | |
| 2013-03-11 | $0.20 | $0.09 | Take Profit | $100.92 | 55.60% | |
| 2013-03-12 | $0.18 | $0.09 | Take Profit | $78.52 | 51.74% | |
| 2013-03-13 | $0.15 | $0.08 | Take Profit | $59.72 | 47.41% | |
| 2013-03-20 | $0.22 | $0.09 | Take Profit | $114.68 | 57.49% | |
| 2013-03-25 | $0.30 | $0.11 | Take Profit | $179.00 | 63.47% | |
| 2013-04-01 | $0.22 | $0.35 | Early Exit | $-139.50 | -57.58% | |
| 2013-04-02 | $0.34 | $0.35 | Early Exit | $-20.50 | -2.21% | |
| 2013-04-03 | $0.53 | $0.05 | Early Exit | $469.60 | 90.61% | |
| 2013-04-04 | $0.25 | $2.26 | Early Exit | $-2,019.30 | -792.06% | |
| 2013-04-05 | $0.33 | $0.05 | Early Exit | $265.20 | 84.77% | |
| 2013-04-19 | $0.35 | $0.05 | Early Exit | $291.00 | 85.88% | |
| 2013-04-29 | $0.21 | $0.05 | Early Exit | $142.40 | 75.66% | |
| 2013-04-30 | $0.19 | $0.05 | Early Exit | $126.20 | 73.57% | |
| 2013-05-13 | $0.56 | $0.16 | Take Profit | $382.68 | 71.02% | |
| 2013-05-14 | $0.36 | $0.12 | Take Profit | $225.16 | 66.12% | |
| 2013-05-15 | $0.31 | $0.11 | Take Profit | $186.76 | 63.98% | |
| 2013-05-20 | $0.48 | $0.15 | Take Profit | $317.56 | 69.49% | |
| 2013-05-28 | $0.23 | $0.10 | Take Profit | $124.60 | 58.68% | |
| 2013-05-29 | $0.20 | $0.09 | Take Profit | $93.72 | 54.48% | |
| 2013-06-06 | $0.39 | $0.13 | Take Profit | $247.00 | 67.10% | |
| 2013-06-07 | $0.52 | $0.15 | Take Profit | $354.84 | 70.43% | |
| 2013-06-10 | $0.25 | $0.10 | Take Profit | $137.24 | 60.02% | |
| 2013-06-11 | $0.42 | $0.13 | Take Profit | $269.64 | 67.97% | |
| 2013-06-05 | $0.59 | $0.17 | Take Profit | $405.64 | 71.46% | |
| 2013-06-12 | $0.47 | $1.58 | Early Exit | $-1,124.70 | -237.90% | |
| 2013-06-21 | $0.53 | $2.38 | Early Exit | $-1,864.20 | -352.14% | |
| 2013-06-24 | $0.50 | $0.05 | Early Exit | $441.30 | 90.09% | |
| 2013-06-25 | $0.38 | $2.38 | Early Exit | $-2,007.40 | -521.41% | |
| 2013-06-26 | $0.34 | $1.90 | Early Exit | $-1,573.80 | -459.46% | |
| 2013-07-15 | $0.21 | $0.09 | Take Profit | $104.60 | 56.13% |