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 1566 trades that stayed open for an average of 28 days. The results were impressive - winning 77.08% of the time (1207 wins vs 359 losses), which shows remarkable consistency. This translated to $3,474,070.60 in total profits. On average, each position made $2,218.44. The 12.2% annualized return (CAGR) shows this could be a solid long-term strategy. The account experienced a 19.0% drawdown at its lowest point, which is moderate but manageable. With a Sharpe ratio of 5.41, 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 | $0.93 | $0.24 | Take Profit | $678.68 | 74.61% | |
| 2012-12-10 | $0.97 | $1.09 | Early Exit | $-131.90 | -12.23% | |
| 2012-12-11 | $0.81 | $0.39 | Early Exit | $400.10 | 51.15% | |
| 2012-12-12 | $1.10 | $1.09 | Early Exit | $-4.90 | 0.74% | |
| 2012-12-13 | $0.92 | $1.09 | Early Exit | $-179.40 | -17.99% | |
| 2012-12-14 | $1.12 | $2.00 | Early Exit | $-898.20 | -79.33% | |
| 2012-12-17 | $0.98 | $1.09 | Early Exit | $-120.60 | -10.94% | |
| 2012-12-19 | $0.82 | $0.39 | Early Exit | $407.90 | 51.62% | |
| 2012-12-20 | $0.90 | $0.05 | Early Exit | $835.20 | 94.43% | |
| 2012-12-21 | $1.02 | $0.05 | Early Exit | $961.10 | 95.12% | |
| 2012-12-28 | $1.25 | $0.05 | Early Exit | $1,189.90 | 96.01% | |
| 2013-01-14 | $0.64 | $0.39 | Early Exit | $229.80 | 38.16% | |
| 2013-01-15 | $0.86 | $1.16 | Early Exit | $-321.40 | -36.06% | |
| 2013-01-16 | $0.49 | $0.39 | Early Exit | $88.40 | 20.49% | |
| 2013-01-17 | $0.71 | $0.05 | Early Exit | $647.20 | 92.96% | |
| 2013-01-18 | $0.56 | $0.05 | Early Exit | $501.00 | 91.13% | |
| 2013-01-22 | $0.70 | $0.05 | Early Exit | $639.20 | 92.88% | |
| 2013-01-23 | $0.80 | $0.05 | Early Exit | $732.20 | 93.71% | |
| 2013-01-24 | $0.86 | $0.38 | Early Exit | $465.80 | 55.66% | |
| 2013-01-25 | $0.48 | $0.15 | Early Exit | $318.30 | 69.44% | |
| 2013-01-28 | $0.52 | $0.15 | Take Profit | $356.20 | 70.46% | |
| 2013-02-11 | $0.69 | $0.19 | Take Profit | $486.84 | 72.73% | |
| 2013-02-12 | $1.02 | $0.64 | Early Exit | $372.90 | 37.79% | |
| 2013-02-13 | $0.60 | $0.17 | Take Profit | $418.36 | 71.69% | |
| 2013-02-19 | $0.55 | $0.16 | Take Profit | $377.56 | 70.92% | |
| 2013-02-20 | $0.63 | $0.64 | Early Exit | $-22.90 | -1.58% | |
| 2013-02-21 | $0.90 | $1.46 | Early Exit | $-575.40 | -62.65% | |
| 2013-02-22 | $0.60 | $0.64 | Early Exit | $-48.60 | -5.94% | |
| 2013-02-25 | $0.88 | $1.46 | Early Exit | $-589.80 | -65.30% | |
| 2013-02-26 | $0.85 | $1.46 | Early Exit | $-625.70 | -72.30% | |
| 2013-02-27 | $0.60 | $0.64 | Early Exit | $-53.00 | -6.72% | |
| 2013-03-21 | $0.55 | $0.47 | Early Exit | $67.50 | 14.67% | |
| 2013-03-25 | $0.65 | $0.47 | Early Exit | $168.20 | 27.89% | |
| 2013-03-26 | $0.76 | $0.47 | Early Exit | $282.30 | 38.67% | |
| 2013-03-27 | $0.76 | $0.47 | Early Exit | $277.50 | 38.28% | |
| 2013-03-28 | $0.75 | $0.98 | Early Exit | $-247.10 | -31.22% | |
| 2013-04-01 | $0.73 | $1.39 | Early Exit | $-682.10 | -92.28% | |
| 2013-04-02 | $1.05 | $1.39 | Early Exit | $-361.80 | -33.37% | |
| 2013-04-03 | $0.95 | $0.05 | Early Exit | $891.30 | 94.76% | |
| 2013-04-04 | $0.91 | $0.05 | Early Exit | $844.70 | 94.49% | |
| 2013-04-05 | $0.64 | $0.05 | Early Exit | $581.60 | 92.24% | |
| 2013-04-22 | $0.93 | $0.05 | Early Exit | $866.70 | 94.62% | |
| 2013-04-23 | $0.75 | $0.05 | Early Exit | $685.90 | 93.32% | |
| 2013-04-24 | $0.67 | $0.05 | Early Exit | $611.20 | 92.58% | |
| 2013-04-25 | $0.76 | $0.05 | Early Exit | $697.30 | 93.42% | |
| 2013-04-29 | $0.65 | $0.05 | Early Exit | $585.60 | 92.29% | |
| 2013-04-30 | $0.62 | $0.05 | Early Exit | $554.50 | 91.90% | |
| 2013-05-01 | $0.71 | $0.05 | Early Exit | $650.80 | 93.00% | |
| 2013-05-20 | $0.84 | $0.22 | Take Profit | $611.96 | 74.07% | |
| 2013-05-21 | $0.77 | $0.20 | Take Profit | $553.48 | 73.51% |