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 1635 trades that stayed open for an average of 26 days. The results were impressive - winning 74.07% of the time (1211 wins vs 424 losses), which shows remarkable consistency. This translated to $560,337.78 in total profits. On average, each position made $342.71. Annualized, that's a 3.5% return (CAGR) - modest but positive. The journey was quite volatile though - at its worst, the account was down 38.0%, which would require strong conviction to ride out. 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 |
|---|---|---|---|---|---|---|
| 2012-12-18 | $0.15 | $0.08 | Take Profit | $58.84 | 47.17% | |
| 2012-12-11 | $0.26 | $0.10 | Take Profit | $141.16 | 60.41% | |
| 2012-12-12 | $0.24 | $0.10 | Take Profit | $129.96 | 59.27% | |
| 2012-12-13 | $0.18 | $0.09 | Take Profit | $77.24 | 51.48% | |
| 2012-12-20 | $0.17 | $0.08 | Take Profit | $74.28 | 50.86% | |
| 2012-12-19 | $0.10 | $0.07 | Take Profit | $13.80 | 27.92% | |
| 2012-12-17 | $0.17 | $0.08 | Take Profit | $69.72 | 49.86% | |
| 2012-12-10 | $0.35 | $0.12 | Take Profit | $213.40 | 65.53% | |
| 2012-12-14 | $0.24 | $0.10 | Early Exit | $124.40 | 57.06% | |
| 2012-12-21 | $0.35 | $0.05 | Early Exit | $286.80 | 85.71% | |
| 2012-12-26 | $0.18 | $0.05 | Early Exit | $120.20 | 72.71% | |
| 2013-01-02 | $0.17 | $0.08 | Take Profit | $74.44 | 50.90% | |
| 2013-01-04 | $0.19 | $0.09 | Take Profit | $87.96 | 53.50% | |
| 2013-01-09 | $0.17 | $0.08 | Take Profit | $70.28 | 49.99% | |
| 2013-01-14 | $0.15 | $0.08 | Take Profit | $56.84 | 46.62% | |
| 2012-12-28 | $0.33 | $0.58 | Early Exit | $-266.70 | -76.81% | |
| 2012-12-31 | $0.35 | $0.16 | Early Exit | $174.20 | 53.27% | |
| 2013-01-15 | $0.07 | $0.06 | Take Profit | $-5.96 | 9.87% | |
| 2013-01-03 | $0.13 | $0.05 | Early Exit | $71.30 | 62.77% | |
| 2013-01-24 | $0.05 | $0.05 | Early Exit | $-9.30 | 6.89% | |
| 2013-01-25 | $0.07 | $0.05 | Early Exit | $7.30 | 28.88% | |
| 2013-01-28 | $0.07 | $0.05 | Early Exit | $11.80 | 33.16% | |
| 2013-01-30 | $0.19 | $0.09 | Take Profit | $92.36 | 54.25% | |
| 2013-01-31 | $0.17 | $0.08 | Take Profit | $72.44 | 50.47% | |
| 2013-02-04 | $0.10 | $0.07 | Take Profit | $15.40 | 28.98% | |
| 2013-02-11 | $0.14 | $0.08 | Take Profit | $50.28 | 44.69% | |
| 2013-02-05 | $0.08 | $0.07 | Take Profit | $-0.84 | 15.65% | |
| 2013-02-01 | $0.09 | $0.05 | Early Exit | $31.80 | 47.26% | |
| 2013-02-08 | $0.07 | $0.05 | Early Exit | $4.30 | 25.71% | |
| 2013-02-25 | $0.07 | $0.06 | Take Profit | $-10.36 | 4.01% | |
| 2013-03-06 | $0.06 | $0.05 | Early Exit | $-4.00 | 15.25% | |
| 2013-03-07 | $0.07 | $0.05 | Early Exit | $8.60 | 30.17% | |
| 2013-03-08 | $0.06 | $0.05 | Early Exit | $-2.90 | 16.81% | |
| 2013-03-11 | $0.06 | $0.05 | Early Exit | $-0.80 | 19.61% | |
| 2013-03-21 | $0.09 | $0.07 | Take Profit | $6.52 | 22.46% | |
| 2013-04-02 | $0.06 | $0.06 | Early Exit | $-18.80 | -10.45% | |
| 2013-04-03 | $0.08 | $1.35 | Early Exit | $-1,288.10 | -1,660.29% | |
| 2013-04-04 | $0.10 | $1.35 | Early Exit | $-1,268.90 | -1,308.23% | |
| 2013-04-05 | $0.14 | $2.26 | Early Exit | $-2,131.50 | -1,501.42% | |
| 2013-04-09 | $0.07 | $1.35 | Early Exit | $-1,295.10 | -1,836.82% | |
| 2013-04-15 | $0.07 | $1.35 | Early Exit | $-1,294.60 | -1,823.04% | |
| 2013-04-16 | $0.05 | $0.60 | Early Exit | $-560.40 | -1,056.76% | |
| 2013-04-17 | $0.06 | $1.35 | Early Exit | $-1,304.50 | -2,138.25% | |
| 2013-04-18 | $0.15 | $0.05 | Early Exit | $83.80 | 65.94% | |
| 2013-04-19 | $0.16 | $0.05 | Early Exit | $96.20 | 68.59% | |
| 2013-04-30 | $0.06 | $0.05 | Early Exit | $-7.60 | 9.75% | |
| 2013-05-14 | $0.17 | $0.08 | Take Profit | $74.04 | 50.81% | |
| 2013-05-13 | $0.14 | $0.08 | Take Profit | $46.60 | 43.50% | |
| 2013-05-15 | $0.14 | $0.08 | Take Profit | $51.48 | 45.06% | |
| 2013-05-16 | $0.13 | $0.08 | Take Profit | $39.56 | 41.00% |