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 1608 trades that stayed open for an average of 27 days. The results were impressive - winning 76.99% of the time (1238 wins vs 370 losses), which shows remarkable consistency. This translated to $2,331,114.76 in total profits. On average, each position made $1,449.70. The 9.7% annualized return (CAGR) shows this could be a solid long-term strategy. The journey was quite volatile though - at its worst, the account was down 24.5%, which would require strong conviction to ride out. With a Sharpe ratio of 2.95, the returns were excellent relative to the risk taken. 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 | $0.56 | $0.16 | Take Profit | $388.92 | 71.15% | |
| 2012-12-19 | $0.46 | $0.14 | Take Profit | $308.68 | 69.24% | |
| 2012-12-10 | $0.61 | $0.39 | Early Exit | $201.60 | 35.23% | |
| 2012-12-11 | $0.81 | $0.39 | Early Exit | $400.10 | 51.15% | |
| 2012-12-12 | $0.70 | $0.39 | Early Exit | $289.70 | 43.42% | |
| 2012-12-13 | $0.58 | $0.39 | Early Exit | $173.20 | 32.06% | |
| 2012-12-14 | $0.72 | $1.09 | Early Exit | $-383.50 | -51.40% | |
| 2012-12-17 | $0.59 | $0.39 | Early Exit | $184.20 | 33.33% | |
| 2012-12-20 | $0.55 | $0.05 | Early Exit | $486.00 | 90.89% | |
| 2012-12-21 | $0.63 | $0.05 | Early Exit | $562.60 | 92.01% | |
| 2012-12-28 | $0.83 | $2.24 | Early Exit | $-1,420.50 | -169.01% | |
| 2012-12-31 | $1.02 | $1.33 | Early Exit | $-326.00 | -30.70% | |
| 2013-01-17 | $0.37 | $0.12 | Take Profit | $232.68 | 66.47% | |
| 2013-01-23 | $0.38 | $0.13 | Take Profit | $239.16 | 66.76% | |
| 2013-01-22 | $0.32 | $0.11 | Take Profit | $194.36 | 64.46% | |
| 2013-01-14 | $0.64 | $0.39 | Early Exit | $229.80 | 38.16% | |
| 2013-01-15 | $0.45 | $0.39 | Early Exit | $43.00 | 12.46% | |
| 2013-01-16 | $0.49 | $0.39 | Early Exit | $88.40 | 20.49% | |
| 2013-01-18 | $0.56 | $0.05 | Early Exit | $501.00 | 91.13% | |
| 2013-01-29 | $0.24 | $0.10 | Take Profit | $128.68 | 59.13% | |
| 2013-01-24 | $0.44 | $0.15 | Early Exit | $285.50 | 67.18% | |
| 2013-01-28 | $0.52 | $0.15 | Take Profit | $356.20 | 70.46% | |
| 2013-02-04 | $0.53 | $1.05 | Early Exit | $-535.20 | -99.00% | |
| 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% | |
| 2013-02-19 | $0.24 | $0.10 | Take Profit | $131.24 | 59.41% | |
| 2013-02-11 | $0.69 | $0.19 | Take Profit | $486.84 | 72.73% | |
| 2013-02-12 | $0.57 | $0.16 | Take Profit | $396.84 | 71.30% | |
| 2013-02-13 | $0.60 | $0.17 | Take Profit | $418.36 | 71.69% | |
| 2013-02-20 | $0.63 | $0.64 | Early Exit | $-22.90 | -1.58% | |
| 2013-02-25 | $0.49 | $0.64 | Early Exit | $-157.40 | -29.41% | |
| 2013-02-26 | $0.44 | $0.64 | Early Exit | $-209.20 | -44.67% | |
| 2013-03-11 | $0.48 | $0.15 | Take Profit | $320.68 | 69.57% | |
| 2013-03-12 | $0.44 | $0.14 | Take Profit | $288.12 | 68.61% | |
| 2013-03-13 | $0.41 | $0.13 | Take Profit | $263.40 | 67.75% | |
| 2013-03-15 | $0.21 | $0.09 | Take Profit | $107.48 | 56.54% | |
| 2013-03-26 | $0.32 | $0.11 | Take Profit | $194.04 | 64.44% | |
| 2013-03-27 | $0.35 | $0.12 | Take Profit | $213.72 | 65.54% | |
| 2013-03-25 | $0.30 | $0.11 | Take Profit | $179.00 | 63.47% | |
| 2013-03-21 | $0.55 | $0.47 | Early Exit | $67.50 | 14.67% | |
| 2013-03-28 | $0.35 | $0.35 | Early Exit | $-5.10 | 2.23% | |
| 2013-04-01 | $0.35 | $0.62 | Early Exit | $-291.70 | -80.57% | |
| 2013-04-05 | $0.64 | $0.05 | Early Exit | $581.60 | 92.24% | |
| 2013-04-08 | $0.40 | $0.05 | Early Exit | $334.70 | 87.43% | |
| 2013-04-09 | $0.48 | $0.05 | Early Exit | $421.50 | 89.68% | |
| 2013-04-10 | $0.59 | $2.26 | Early Exit | $-1,684.90 | -284.48% | |
| 2013-04-18 | $0.60 | $0.05 | Early Exit | $541.90 | 91.73% | |
| 2013-04-19 | $0.69 | $0.05 | Early Exit | $631.20 | 92.80% | |
| 2013-04-22 | $0.50 | $0.05 | Early Exit | $433.20 | 89.92% | |
| 2013-04-23 | $0.37 | $0.05 | Early Exit | $303.90 | 86.37% |