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 1372 trades that stayed open for an average of 34 days. The results were impressive - winning 99.93% of the time (1371 wins vs 1 losses), which shows remarkable consistency. This translated to $59,269,628.36 in total profits. On average, each position made $43,199.44. When annualized, that's a 37.1% return (CAGR), which suggests strong growth potential if maintained over time. Impressively, the maximum drawdown was only 1.7%, showing excellent risk control. With a Sharpe ratio of 84.77, the returns were excellent relative to the risk taken. Notably, the strategy captured 98.1% of the premium sold, which is excellent. Bottom line: this strategy looks promising for anyone seeking consistent, well-managed returns.
Strategy Into An Options Bot?
Stop trading manually... you're losing because of emotions, volatility, and because you can't watch the market 24/7. Use one of our 15+ proven options bots or automate your own options strategy using our super simple (no coding required) tool called The Options Auto Trader.
Trade Log
| Date | Entry | Exit | Exit Reason | P&L | Return | Action |
|---|---|---|---|---|---|---|
| 2012-12-10 | $7.18 | $0.05 | Early Exit | $7,118.50 | 99.30% | |
| 2012-12-11 | $6.99 | $0.05 | Early Exit | $6,931.00 | 99.29% | |
| 2012-12-12 | $8.73 | $0.05 | Early Exit | $8,664.30 | 99.43% | |
| 2012-12-13 | $6.30 | $0.05 | Early Exit | $6,235.80 | 99.21% | |
| 2012-12-14 | $8.66 | $0.05 | Early Exit | $8,594.70 | 99.42% | |
| 2012-12-17 | $6.44 | $0.05 | Early Exit | $6,379.60 | 99.22% | |
| 2012-12-18 | $8.57 | $0.05 | Early Exit | $8,510.80 | 99.42% | |
| 2012-12-19 | $6.23 | $0.05 | Early Exit | $6,166.10 | 99.20% | |
| 2012-12-20 | $10.23 | $0.05 | Early Exit | $10,171.40 | 99.51% | |
| 2012-12-21 | $10.23 | $0.05 | Early Exit | $10,171.10 | 99.51% | |
| 2013-01-14 | $8.94 | $0.05 | Early Exit | $8,874.40 | 99.44% | |
| 2013-01-15 | $8.60 | $0.05 | Early Exit | $8,541.30 | 99.42% | |
| 2013-01-16 | $7.93 | $0.05 | Early Exit | $7,869.90 | 99.37% | |
| 2013-01-17 | $9.23 | $0.05 | Early Exit | $9,164.00 | 99.46% | |
| 2013-01-18 | $8.02 | $0.05 | Early Exit | $7,957.40 | 99.38% | |
| 2013-01-22 | $6.48 | $0.05 | Early Exit | $6,413.90 | 99.23% | |
| 2013-01-23 | $5.69 | $0.05 | Early Exit | $5,625.30 | 99.12% | |
| 2013-01-24 | $7.68 | $0.05 | Early Exit | $7,613.00 | 99.35% | |
| 2013-01-25 | $7.94 | $0.05 | Early Exit | $7,876.90 | 99.37% | |
| 2013-01-28 | $7.15 | $0.05 | Early Exit | $7,083.30 | 99.30% | |
| 2013-02-11 | $7.94 | $0.05 | Early Exit | $7,878.30 | 99.37% | |
| 2013-02-12 | $7.66 | $0.05 | Early Exit | $7,599.40 | 99.35% | |
| 2013-02-13 | $6.97 | $0.05 | Early Exit | $6,902.40 | 99.28% | |
| 2013-02-19 | $8.14 | $0.05 | Early Exit | $8,075.10 | 99.39% | |
| 2013-02-20 | $8.03 | $0.05 | Early Exit | $7,962.40 | 99.38% | |
| 2013-02-21 | $7.56 | $0.05 | Early Exit | $7,497.80 | 99.34% | |
| 2013-02-22 | $7.12 | $0.05 | Early Exit | $7,055.00 | 99.30% | |
| 2013-02-25 | $8.27 | $0.05 | Early Exit | $8,205.90 | 99.40% | |
| 2013-02-26 | $7.47 | $0.05 | Early Exit | $7,407.90 | 99.33% | |
| 2013-02-27 | $7.18 | $0.05 | Early Exit | $7,114.10 | 99.30% | |
| 2013-03-25 | $8.26 | $0.05 | Early Exit | $8,198.60 | 99.39% | |
| 2013-03-26 | $7.72 | $0.05 | Early Exit | $7,653.00 | 99.35% | |
| 2013-03-27 | $7.79 | $0.05 | Early Exit | $7,728.40 | 99.36% | |
| 2013-03-28 | $7.97 | $0.05 | Early Exit | $7,905.50 | 99.37% | |
| 2013-04-01 | $7.47 | $0.05 | Early Exit | $7,406.20 | 99.33% | |
| 2013-04-02 | $7.14 | $0.05 | Early Exit | $7,076.00 | 99.30% | |
| 2013-04-03 | $9.46 | $0.05 | Early Exit | $9,398.00 | 99.47% | |
| 2013-04-04 | $10.46 | $0.05 | Early Exit | $10,397.50 | 99.52% | |
| 2013-04-05 | $9.87 | $0.05 | Early Exit | $9,803.40 | 99.49% | |
| 2013-04-08 | $9.30 | $0.05 | Early Exit | $9,241.70 | 99.46% | |
| 2013-04-22 | $8.79 | $0.05 | Early Exit | $8,730.20 | 99.43% | |
| 2013-04-23 | $7.32 | $0.05 | Early Exit | $7,259.00 | 99.32% | |
| 2013-04-24 | $8.36 | $0.05 | Early Exit | $8,300.00 | 99.40% | |
| 2013-04-29 | $8.22 | $0.05 | Early Exit | $8,153.80 | 99.39% | |
| 2013-04-30 | $8.75 | $0.05 | Early Exit | $8,683.50 | 99.43% | |
| 2013-05-01 | $8.33 | $0.05 | Early Exit | $8,267.30 | 99.40% | |
| 2013-05-13 | $6.16 | $0.05 | Early Exit | $6,096.90 | 99.19% | |
| 2013-05-14 | $6.51 | $0.05 | Early Exit | $6,448.60 | 99.23% | |
| 2013-05-15 | $5.64 | $0.05 | Early Exit | $5,577.00 | 99.11% | |
| 2013-05-16 | $5.58 | $0.05 | Early Exit | $5,518.00 | 99.10% |