Wheel Strategy
Wheel Strategy • Apr 7, 2025 - Mar 31, 2026
Backtest Performance
Backtest Metrics
Backtest Summary
This backtest shows a Wheel Strategy strategy on QQQ from Apr 7, 2025 - Mar 31, 2026, placing 34 trades that stayed open for an average of 32 days. The results were impressive - winning 100% of the time (34 wins vs 0 losses), which shows remarkable consistency. This translated to $470,524.10 in total profits. On average, each position made $13,838.94. When annualized, that's a 491.0% return (CAGR), which suggests strong growth potential if maintained over time. The journey was quite volatile though - at its worst, the account was down 33.4%, which would require strong conviction to ride out. With a Sharpe ratio of 70.85, the returns were excellent relative to the risk taken. Notably, the strategy captured 98.3% of the premium sold, which is excellent. 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 |
|---|---|---|---|---|---|---|
| 2025-04-07 | $15.08 | $0.00 | Expiration | $19,591.00 | 100.00% | |
| 2025-04-14 | $10.46 | $0.00 | Expiration | $19,850.06 | 100.00% | |
| 2025-04-21 | $10.93 | $0.00 | Expiration | $19,653.84 | 100.00% | |
| 2025-04-28 | $8.21 | $0.00 | Expiration | $16,396.20 | 100.00% | |
| 2025-05-05 | $7.74 | $0.00 | Expiration | $15,453.80 | 100.00% | |
| 2025-05-12 | $6.11 | $0.00 | Expiration | $12,189.80 | 100.00% | |
| 2025-05-19 | $6.18 | $0.00 | Expiration | $12,334.40 | 100.00% | |
| 2025-06-02 | $5.61 | $0.00 | Expiration | $11,197.80 | 100.00% | |
| 2025-06-09 | $5.59 | $0.00 | Expiration | $11,151.00 | 100.00% | |
| 2025-06-16 | $5.94 | $0.00 | Expiration | $11,862.40 | 100.00% | |
| 2025-06-23 | $6.28 | $0.00 | Expiration | $12,530.40 | 100.00% | |
| 2025-06-30 | $5.22 | $0.00 | Expiration | $10,418.60 | 100.00% | |
| 2025-07-07 | $6.16 | $0.00 | Expiration | $12,290.00 | 100.00% | |
| 2025-07-14 | $5.78 | $0.00 | Expiration | $11,540.20 | 100.00% | |
| 2025-07-21 | $5.32 | $0.00 | Expiration | $10,604.20 | 100.00% | |
| 2025-07-28 | $4.97 | $0.00 | Expiration | $9,922.40 | 100.00% | |
| 2025-08-04 | $5.87 | $0.00 | Expiration | $11,713.60 | 100.00% | |
| 2025-08-11 | $5.32 | $0.00 | Expiration | $10,615.40 | 100.00% | |
| 2025-08-18 | $4.90 | $0.00 | Expiration | $9,780.60 | 100.00% | |
| 2025-08-25 | $5.53 | $0.00 | Expiration | $11,033.00 | 100.00% | |
| 2025-09-08 | $5.83 | $0.00 | Expiration | $11,638.80 | 100.00% | |
| 2025-09-15 | $5.93 | $0.00 | Expiration | $11,830.60 | 100.00% | |
| 2025-09-22 | $6.23 | $0.00 | Expiration | $12,442.60 | 100.00% | |
| 2025-09-29 | $6.89 | $0.00 | Expiration | $13,746.40 | 100.00% | |
| 2025-10-06 | $7.08 | $0.00 | Expiration | $14,139.00 | 100.00% | |
| 2025-10-13 | $8.34 | $0.00 | Expiration | $16,663.00 | 100.00% | |
| 2025-10-20 | $8.17 | $3.90 | Expiration | $8,504.20 | 52.24% | |
| 2025-10-27 | $7.22 | $0.00 | Expiration | $14,412.60 | 100.00% | |
| 2025-11-03 | $8.21 | $0.00 | Expiration | $16,390.40 | 100.00% | |
| 2025-11-10 | $8.78 | $0.05 | Expiration | $17,440.20 | 99.43% | |
| 2025-11-17 | $11.57 | $0.05 | Expiration | $23,019.80 | 99.57% | |
| 2025-11-24 | $9.86 | $0.05 | Expiration | $19,588.40 | 99.49% | |
| 2025-12-01 | $7.67 | $0.05 | Expiration | $15,205.60 | 99.35% | |
| 2025-12-08 | $7.75 | $0.05 | Expiration | $15,373.80 | 99.35% |