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 423 trades that stayed open for an average of 22 days. The results were impressive - winning 74.94% of the time (317 wins vs 106 losses), which shows remarkable consistency. This translated to $268,922.80 in total profits. On average, each position made $635.75. Annualized, that's a 1.9% return (CAGR) - modest but positive. The account experienced a 13.5% drawdown at its lowest point, which is moderate but manageable. 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 | $0.12 | $0.07 | Take Profit | $71.44 | 39.48% | |
| 2012-12-11 | $0.26 | $0.10 | Take Profit | $282.32 | 60.41% | |
| 2012-12-26 | $0.37 | $0.05 | Early Exit | $621.80 | 86.63% | |
| 2012-12-28 | $0.53 | $1.33 | Early Exit | $-1,630.00 | -151.18% | |
| 2013-01-22 | $0.09 | $0.07 | Take Profit | $24.88 | 26.98% | |
| 2013-01-28 | $0.07 | $0.05 | Early Exit | $23.60 | 33.16% | |
| 2013-02-04 | $0.09 | $0.07 | Early Exit | $16.80 | 23.83% | |
| 2013-02-25 | $0.23 | $0.14 | Early Exit | $147.60 | 38.27% | |
| 2013-02-26 | $0.18 | $0.14 | Early Exit | $54.20 | 22.27% | |
| 2013-03-25 | $0.10 | $0.07 | Take Profit | $29.52 | 28.56% | |
| 2013-03-26 | $0.10 | $0.07 | Take Profit | $29.04 | 28.40% | |
| 2013-04-18 | $0.32 | $0.05 | Early Exit | $516.60 | 84.44% | |
| 2013-04-19 | $0.16 | $0.05 | Early Exit | $192.40 | 68.59% | |
| 2013-05-21 | $0.16 | $0.08 | Take Profit | $133.36 | 49.15% | |
| 2013-05-20 | $0.14 | $0.08 | Take Profit | $100.24 | 44.64% | |
| 2013-06-03 | $0.22 | $0.09 | Take Profit | $224.88 | 57.20% | |
| 2013-06-14 | $0.24 | $0.10 | Take Profit | $253.20 | 58.90% | |
| 2013-06-04 | $0.13 | $0.05 | Early Exit | $138.80 | 62.24% | |
| 2013-06-24 | $0.37 | $2.38 | Early Exit | $-4,037.20 | -540.16% | |
| 2013-07-01 | $0.28 | $1.45 | Early Exit | $-2,364.40 | -412.42% | |
| 2013-07-22 | $0.07 | $0.05 | Early Exit | $11.60 | 27.33% | |
| 2013-07-29 | $0.14 | $0.08 | Take Profit | $92.72 | 43.42% | |
| 2013-08-19 | $0.22 | $0.42 | Early Exit | $-426.80 | -90.43% | |
| 2013-08-21 | $0.20 | $0.42 | Early Exit | $-479.60 | -116.19% | |
| 2013-09-16 | $0.12 | $0.07 | Take Profit | $60.72 | 37.16% | |
| 2013-09-18 | $0.15 | $0.08 | Take Profit | $109.52 | 46.03% | |
| 2013-10-09 | $0.57 | $2.45 | Early Exit | $-3,780.20 | -329.14% | |
| 2013-10-11 | $0.36 | $0.72 | Early Exit | $-737.40 | -97.67% | |
| 2013-11-12 | $0.16 | $0.35 | Early Exit | $-416.60 | -124.24% | |
| 2013-11-13 | $0.17 | $0.13 | Early Exit | $46.80 | 21.80% | |
| 2013-12-16 | $0.17 | $0.05 | Early Exit | $211.20 | 70.34% | |
| 2013-12-17 | $0.29 | $0.11 | Take Profit | $341.68 | 62.89% | |
| 2014-01-13 | $0.05 | $0.05 | Early Exit | $-17.80 | 7.58% | |
| 2014-01-14 | $0.18 | $0.09 | Take Profit | $166.64 | 52.66% | |
| 2014-02-03 | $0.52 | $0.05 | Early Exit | $905.00 | 90.30% | |
| 2014-02-04 | $0.45 | $0.05 | Early Exit | $770.60 | 88.85% | |
| 2014-03-03 | $0.15 | $0.05 | Early Exit | $168.60 | 66.06% | |
| 2014-03-04 | $0.12 | $0.05 | Early Exit | $105.60 | 56.82% | |
| 2014-04-01 | $0.22 | $0.09 | Take Profit | $228.56 | 57.44% | |
| 2014-03-31 | $0.40 | $0.13 | Take Profit | $520.08 | 67.62% | |
| 2014-04-07 | $0.46 | $0.23 | Early Exit | $423.40 | 48.94% | |
| 2014-04-11 | $0.65 | $1.00 | Early Exit | $-743.00 | -55.56% | |
| 2014-05-05 | $0.22 | $0.42 | Early Exit | $-424.20 | -89.20% | |
| 2014-05-12 | $0.27 | $1.45 | Early Exit | $-2,370.20 | -428.71% | |
| 2014-06-09 | $0.10 | $0.07 | Take Profit | $32.72 | 29.60% | |
| 2014-06-02 | $0.08 | $0.07 | Take Profit | $7.28 | 19.98% | |
| 2014-06-23 | $0.06 | $0.38 | Early Exit | $-670.60 | -573.49% | |
| 2014-07-01 | $0.06 | $0.09 | Early Exit | $-95.20 | -62.91% | |
| 2014-07-28 | $0.11 | $0.07 | Take Profit | $47.60 | 33.92% | |
| 2014-07-21 | $0.09 | $0.07 | Take Profit | $14.80 | 23.18% |