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 1463 trades that stayed open for an average of 31 days. The results were impressive - winning 86.19% of the time (1261 wins vs 202 losses), which shows remarkable consistency. This translated to $9,348,683.90 in total profits. On average, each position made $6,390.08. When annualized, that's a 19.7% return (CAGR), which suggests strong growth potential if maintained over time. Impressively, the maximum drawdown was only 5.5%, showing excellent risk control. With a Sharpe ratio of 14.78, the returns were excellent relative to the risk taken. The strategy managed to keep 65.4% of the premium collected. 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 |
|---|---|---|---|---|---|---|
| 2012-12-10 | $2.02 | $0.05 | Early Exit | $1,953.00 | 97.52% | |
| 2012-12-11 | $1.85 | $2.00 | Early Exit | $-166.40 | -8.30% | |
| 2012-12-12 | $2.29 | $0.05 | Early Exit | $2,224.20 | 97.81% | |
| 2012-12-13 | $1.98 | $0.05 | Early Exit | $1,915.10 | 97.47% | |
| 2012-12-14 | $2.29 | $0.05 | Early Exit | $2,231.50 | 97.82% | |
| 2012-12-17 | $2.17 | $0.05 | Early Exit | $2,104.70 | 97.69% | |
| 2012-12-18 | $2.06 | $2.00 | Early Exit | $48.50 | 2.98% | |
| 2012-12-19 | $1.92 | $2.00 | Early Exit | $-97.80 | -4.43% | |
| 2012-12-20 | $2.00 | $0.05 | Early Exit | $1,939.60 | 97.50% | |
| 2012-12-21 | $2.21 | $0.05 | Early Exit | $2,148.50 | 97.74% | |
| 2013-01-14 | $1.68 | $2.08 | Early Exit | $-407.30 | -23.42% | |
| 2013-01-15 | $2.17 | $3.04 | Early Exit | $-882.50 | -40.03% | |
| 2013-01-16 | $1.55 | $2.08 | Early Exit | $-544.60 | -34.38% | |
| 2013-01-17 | $1.89 | $0.05 | Early Exit | $1,829.40 | 97.36% | |
| 2013-01-18 | $1.71 | $0.05 | Early Exit | $1,645.80 | 97.07% | |
| 2013-01-22 | $1.97 | $0.05 | Early Exit | $1,907.70 | 97.46% | |
| 2013-01-23 | $2.11 | $0.05 | Early Exit | $2,051.10 | 97.63% | |
| 2013-01-24 | $2.21 | $1.61 | Early Exit | $590.70 | 27.27% | |
| 2013-01-25 | $1.57 | $0.88 | Early Exit | $683.40 | 44.24% | |
| 2013-01-28 | $1.71 | $0.88 | Early Exit | $822.00 | 48.76% | |
| 2013-02-11 | $1.77 | $1.46 | Early Exit | $301.20 | 17.71% | |
| 2013-02-12 | $2.31 | $2.40 | Early Exit | $-99.20 | -3.73% | |
| 2013-02-13 | $1.71 | $1.46 | Early Exit | $239.10 | 14.72% | |
| 2013-02-19 | $1.72 | $1.46 | Early Exit | $245.20 | 15.03% | |
| 2013-02-20 | $1.73 | $2.40 | Early Exit | $-674.70 | -38.17% | |
| 2013-02-21 | $2.18 | $0.05 | Early Exit | $2,114.10 | 97.70% | |
| 2013-02-22 | $1.77 | $2.40 | Early Exit | $-635.10 | -35.08% | |
| 2013-02-25 | $2.06 | $0.05 | Early Exit | $1,998.60 | 97.57% | |
| 2013-02-26 | $2.09 | $0.05 | Early Exit | $2,024.50 | 97.60% | |
| 2013-02-27 | $1.80 | $2.40 | Early Exit | $-606.30 | -32.92% | |
| 2013-03-25 | $1.89 | $1.92 | Early Exit | $-35.40 | -1.18% | |
| 2013-03-26 | $2.18 | $1.92 | Early Exit | $254.70 | 12.26% | |
| 2013-03-27 | $2.15 | $1.92 | Early Exit | $219.30 | 10.81% | |
| 2013-03-28 | $2.05 | $2.78 | Early Exit | $-741.00 | -35.46% | |
| 2013-04-01 | $2.00 | $3.27 | Early Exit | $-1,282.70 | -63.52% | |
| 2013-04-02 | $2.56 | $3.27 | Early Exit | $-723.80 | -27.79% | |
| 2013-04-03 | $2.17 | $0.05 | Early Exit | $2,107.90 | 97.70% | |
| 2013-04-04 | $2.13 | $0.05 | Early Exit | $2,069.80 | 97.66% | |
| 2013-04-05 | $1.75 | $0.05 | Early Exit | $1,689.20 | 97.15% | |
| 2013-04-08 | $2.00 | $0.05 | Early Exit | $1,941.40 | 97.51% | |
| 2013-04-22 | $2.31 | $0.05 | Early Exit | $2,245.50 | 97.83% | |
| 2013-04-23 | $1.97 | $0.05 | Early Exit | $1,908.70 | 97.46% | |
| 2013-04-24 | $1.92 | $0.05 | Early Exit | $1,861.80 | 97.40% | |
| 2013-04-29 | $1.82 | $0.05 | Early Exit | $1,761.50 | 97.26% | |
| 2013-04-30 | $1.83 | $0.05 | Early Exit | $1,770.70 | 97.27% | |
| 2013-05-01 | $1.92 | $0.05 | Early Exit | $1,855.20 | 97.39% | |
| 2013-05-13 | $2.07 | $1.18 | Early Exit | $873.40 | 42.89% | |
| 2013-05-14 | $2.22 | $1.18 | Early Exit | $1,024.40 | 46.78% | |
| 2013-05-15 | $2.29 | $1.18 | Early Exit | $1,101.10 | 48.56% | |
| 2013-05-16 | $2.25 | $1.18 | Early Exit | $1,053.60 | 47.47% |