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 210 trades that stayed open for an average of 23 days. The results were impressive - winning 71.9% of the time (151 wins vs 59 losses), which shows remarkable consistency. This translated to $584,822.07 in total profits. On average, each position made $2,784.87. Annualized, that's a 3.6% return (CAGR) - modest but positive. The journey was quite volatile though - at its worst, the account was down 23.4%, which would require strong conviction to ride out. The Sharpe ratio of 0.06 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 |
|---|---|---|---|---|---|---|
| 2012-12-10 | $0.33 | $0.12 | Take Profit | $1,224.38 | 64.64% | |
| 2012-12-28 | $0.83 | $2.24 | Early Exit | $-8,807.10 | -169.01% | |
| 2013-01-28 | $0.23 | $0.10 | Take Profit | $745.24 | 58.17% | |
| 2013-02-21 | $0.19 | $0.14 | Early Exit | $258.54 | 28.09% | |
| 2013-03-25 | $0.30 | $0.11 | Take Profit | $1,109.80 | 63.47% | |
| 2013-04-19 | $0.35 | $0.05 | Early Exit | $1,804.20 | 85.88% | |
| 2013-05-20 | $0.36 | $0.12 | Take Profit | $1,403.43 | 66.18% | |
| 2013-06-05 | $0.37 | $0.12 | Take Profit | $1,436.17 | 66.42% | |
| 2013-06-21 | $0.53 | $2.38 | Early Exit | $-11,558.04 | -352.14% | |
| 2013-07-22 | $0.22 | $0.10 | Early Exit | $659.68 | 55.41% | |
| 2013-08-19 | $0.22 | $0.42 | Early Exit | $-1,323.08 | -90.43% | |
| 2013-09-16 | $0.29 | $0.45 | Early Exit | $-1,104.22 | -57.33% | |
| 2013-10-14 | $0.52 | $0.72 | Early Exit | $-1,343.54 | -39.46% | |
| 2013-11-11 | $0.10 | $0.85 | Early Exit | $-4,736.80 | -723.51% | |
| 2013-12-02 | $0.22 | $0.17 | Early Exit | $209.56 | 21.24% | |
| 2013-12-30 | $0.33 | $0.12 | Take Profit | $1,252.15 | 64.90% | |
| 2014-01-13 | $0.17 | $0.05 | Early Exit | $655.96 | 70.38% | |
| 2014-02-03 | $0.80 | $0.05 | Early Exit | $4,584.90 | 93.77% | |
| 2014-03-03 | $0.30 | $0.11 | Take Profit | $1,072.60 | 63.05% | |
| 2014-03-21 | $0.35 | $0.12 | Take Profit | $1,367.22 | 65.89% | |
| 2014-04-04 | $0.73 | $0.23 | Early Exit | $2,985.30 | 67.84% | |
| 2014-05-05 | $0.43 | $1.01 | Early Exit | $-3,653.66 | -134.34% | |
| 2014-06-02 | $0.21 | $0.42 | Early Exit | $-1,343.54 | -95.05% | |
| 2014-06-30 | $0.11 | $0.45 | Early Exit | $-2,214.64 | -319.00% | |
| 2014-07-28 | $0.27 | $0.10 | Take Profit | $956.04 | 61.58% | |
| 2014-08-07 | $0.59 | $3.12 | Early Exit | $-15,744.28 | -429.22% | |
| 2014-09-08 | $0.18 | $0.09 | Take Profit | $513.11 | 52.56% | |
| 2014-09-29 | $0.54 | $0.16 | Take Profit | $2,303.18 | 70.79% | |
| 2014-10-10 | $1.06 | $0.05 | Early Exit | $6,210.54 | 95.30% | |
| 2014-11-10 | $0.28 | $0.40 | Early Exit | $-870.48 | -46.31% | |
| 2014-12-08 | $0.32 | $0.11 | Take Profit | $1,209.99 | 64.51% | |
| 2014-12-30 | $0.42 | $0.13 | Take Profit | $1,686.65 | 68.06% | |
| 2015-01-06 | $0.46 | $0.17 | Early Exit | $1,677.72 | 62.11% | |
| 2015-02-02 | $0.81 | $4.45 | Early Exit | $-22,649.22 | -448.84% | |
| 2015-03-02 | $0.14 | $0.05 | Early Exit | $449.50 | 63.10% | |
| 2015-03-30 | $0.43 | $0.14 | Take Profit | $1,720.38 | 68.25% | |
| 2015-04-17 | $0.58 | $1.36 | Early Exit | $-4,949.46 | -136.27% | |
| 2015-05-18 | $0.21 | $0.05 | Early Exit | $913.88 | 76.24% | |
| 2015-06-15 | $0.32 | $0.11 | Take Profit | $1,177.75 | 64.19% | |
| 2015-07-06 | $0.53 | $1.15 | Early Exit | $-3,921.50 | -117.06% | |
| 2015-08-03 | $0.35 | $0.12 | Take Profit | $1,338.46 | 65.66% | |
| 2015-08-18 | $0.42 | $0.13 | Take Profit | $1,689.62 | 68.08% | |
| 2015-08-21 | $1.53 | $0.85 | Early Exit | $4,084.56 | 44.03% | |
| 2015-09-21 | $0.99 | $0.25 | Take Profit | $4,544.10 | 74.97% | |
| 2015-09-28 | $1.70 | $0.05 | Early Exit | $10,159.32 | 97.06% | |
| 2015-10-26 | $0.69 | $0.19 | Take Profit | $3,051.14 | 72.79% | |
| 2015-11-12 | $0.91 | $0.23 | Take Profit | $4,145.82 | 74.53% | |
| 2015-12-14 | $0.89 | $0.23 | Take Profit | $4,019.34 | 74.38% | |
| 2016-01-04 | $1.13 | $0.28 | Take Profit | $5,222.14 | 75.58% | |
| 2016-01-11 | $1.41 | $0.33 | Take Profit | $6,579.69 | 76.44% |