Backtest - WO Classic 2Δ Calls

End Balance: $670,032

3.2% CAGR
Drawdown: -$29,550

-4.8%
Sortino: 0.20

0.31 Sharpe

Benchmark Comparison

	Total Return	CAGR	Drawdown	MAR	Sharpe	Sortino	Profit Factor	Annualized Vol.	Correlation	Beta
Backtest	34.0%	3.2%	-4.8%	0.67	0.31	0.20	2.22	3.5	-0.35	-0.07
SPX	216.5%	13.2%	-33.9%	0.39	0.65	0.79		18.38

Return %

Total Return

Sum of Daily Returns

Drawdown

Percent

Dollars

Backtest Positions

Position	Fills	Entry	Exit
2D call 78% PT SPXW Short Call 80.0% portfolio 20.0% notional withheld $1.00 fee per contract $0.05 free to close 1 minute between trades 65% slippage at entry 65% slippage at exit	$1.00 fee per contract $0.05 free to close 1 minute between trades 65% slippage at entry 65% slippage at exit	Sequential Before 3:00 PM EST 1 DTE (1 min - 4 max) 0.02 CALL Δ	78% profit target

2D call 78% PT

Confirm removal of from this backtest.

Remove Position

Detailed Stats

Start Date

September 1, 2016

End Date

December 5, 2025

Start Balance

$500,000

End Balance

$670,032

Broker Fees

$16,460

Return %

34.0%

Return $

$170,032

CAGR

3.2%

Drawdown %

-4.8%

Drawdown $

-$29,550

Drawdown Days

433 days

Sortino

0.20

Sharpe

0.31

MAR

0.67

Annual Vol.

3.5%

Correlation

-0.35

Beta

-0.07

Trades

2104

Winners

2079 (98.8%)

Losers

Avg Gain

$81

Avg Winner

$149

Avg Loser

-$5,570

Premium Collected $

$409,883

Premium Retained $

$186,492

Premium Retained %

45.5%

Start Date

September 1, 2016

End Date

December 5, 2025

Start Balance

$500,000

End Balance

$670,032

Broker Fees

$16,460

Return %

34.0%

Return $

$170,032

CAGR

3.2%

Drawdown %

-4.8%

Drawdown $

-$29,550

Drawdown Days

433 days

Sortino

0.20

Sharpe

0.31

MAR

0.67

Annual Vol.

3.5%

Correlation

-0.35

Beta

-0.07

Trades

2104

Winners

2079 (98.8%)

Losers

Avg Gain

$81

Avg Winner

$149

Avg Loser

-$5,570

Premium Collected $

$409,883

Premium Retained $

$186,492

Premium Retained %

45.5%

The information provided on Whispertrades is for general information purposes only. No information, materials, services and other content provided on this website constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Past performance may not be indicative of future results.

Balance

Positions

Monthly Performance

Dollars

Percent

Weekly Performance

Dollars

Percent

Daily Performance

Dollars

Percent

Day of Week Performance

December 2025

Month

S Sun

M Mon

T Tue

W Wed

T Thu

F Fri

Total Total

$186.00
0.0%
SPX -0.5%

$120.00
0.0%
SPX 0.2%

$56.00
0.0%
SPX 0.3%

$96.00
0.0%
SPX 0.1%

$102.00
0.0%
SPX 0.2%

$560.00
0.1%
SPX 0.3%

Yearly Results

Year

Backtest $ Backtest

Backtest %

SPX
2016

-$4,212

-0.8%

(-1.7%)

3.3%

(-4.6%)

September

$1,053

0.2%

(-0.1%)

0.0%

(-2.8%)

October

$936

0.2%

(0.0%)

-1.9%

(-1.7%)

November

$1,170

0.2%

(-0.2%)

3.4%

(-1.3%)

December

-$7,371

-1.5%

(-1.7%)

1.8%

(-1.4%)
2017

$6,073

1.2%

(-0.6%)

18.0%

(-2.8%)

January

-$2,113

-0.4%

(-0.6%)

1.8%

(-0.8%)

February

$737

0.1%

(-0.1%)

3.7%

(-0.3%)

March

$1,196

0.2%

(-0.2%)

0.0%

(-2.3%)

April

$896

0.2%

(-0.0%)

0.9%

(-1.3%)

May

$656

0.1%

(-0.0%)

1.2%

(-1.9%)

June

$600

0.1%

(-0.0%)

0.5%

(-1.4%)

July

$552

0.1%

(0.0%)

2.0%

(-0.9%)

August

$600

0.1%

(-0.0%)

0.1%

(-2.2%)

September

$764

0.2%

(-0.0%)

1.9%

(-0.8%)

October

$620

0.1%

(-0.0%)

2.2%

(-0.7%)

November

$466

0.1%

(-0.1%)

2.8%

(-1.1%)

December

$1,099

0.2%

(-0.0%)

1.0%

(-0.6%)
2018

$23,695

4.7%

(-0.8%)

-5.0%

(-19.8%)

January

$175

0.0%

(-0.2%)

5.5%

(-1.8%)

February

$2,548

0.5%

(-0.1%)

-3.7%

(-8.5%)

March

$2,542

0.5%

(-0.1%)

-2.6%

(-7.1%)

April

$2,784

0.5%

(-0.6%)

0.4%

(-2.7%)

May

$1,688

0.3%

(-0.2%)

2.2%

(-1.6%)

June

$1,386

0.3%

(-0.0%)

0.5%

(-3.1%)

July

$1,001

0.2%

(-0.1%)

3.6%

(-1.5%)

August

$1,046

0.2%

(-0.1%)

3.0%

(-1.4%)

September

$1,043

0.2%

(-0.0%)

0.5%

(-0.9%)

October

$2,908

0.6%

(-0.1%)

-7.0%

(-9.7%)

November

$2,339

0.5%

(-0.6%)

1.9%

(-6.4%)

December

$4,233

0.8%

(-0.8%)

-9.3%

(-15.7%)
2019

$22,361

4.3%

(-0.5%)

26.2%

(-6.8%)

January

$2,888

0.5%

(-0.2%)

7.7%

(-2.5%)

February

$2,154

0.4%

(-0.0%)

3.0%

(-1.2%)

March

$1,878

0.4%

(-0.4%)

1.8%

(-2.2%)

April

$966

0.2%

(-0.1%)

3.9%

(-0.6%)

May

$2,734

0.5%

(-0.2%)

-6.7%

(-6.6%)

June

$1,184

0.2%

(-0.1%)

6.7%

(-1.4%)

July

$1,533

0.3%

(-0.0%)

1.3%

(-1.5%)

August

$3,112

0.6%

(-0.5%)

-1.6%

(-3.8%)

September

$1,628

0.3%

(-0.4%)

1.7%

(-1.6%)

October

$2,062

0.4%

(-0.1%)

2.1%

(-2.0%)

November

$934

0.2%

(-0.0%)

3.4%

(-0.6%)

December

$1,288

0.2%

(-0.1%)

2.8%

(-0.7%)
2020

$31,769

5.8%

(-2.1%)

21.1%

(-33.9%)

January

$1,371

0.3%

(-0.1%)

-0.1%

(-3.1%)

February

$2,107

0.4%

(-0.1%)

-8.5%

(-12.8%)

March

$11,844

2.1%

(-0.7%)

-9.7%

(-28.5%)

April

-$5,552

-1.0%

(-2.1%)

12.7%

(-4.8%)

May

$543

0.1%

(-0.5%)

4.6%

(-3.8%)

June

$4,347

0.8%

(-0.2%)

2.2%

(-7.1%)

July

$4,347

0.8%

(-0.1%)

5.4%

(-1.8%)

August

$2,174

0.4%

(-0.3%)

6.8%

(-0.8%)

September

$1,156

0.2%

(-0.6%)

-3.8%

(-9.6%)

October

$4,218

0.7%

(-0.0%)

-2.6%

(-7.5%)

November

$3,366

0.6%

(-0.1%)

10.3%

(-1.9%)

December

$1,848

0.3%

(-0.1%)

3.7%

(-1.5%)
2021

$26,762

4.6%

(-0.3%)

24.7%

(-5.2%)

January

$3,207

0.6%

(-0.3%)

-1.0%

(-3.7%)

February

$2,394

0.4%

(-0.0%)

2.7%

(-3.1%)

March

$3,378

0.6%

(-0.1%)

4.3%

(-3.4%)

April

$1,818

0.3%

(-0.1%)

5.2%

(-1.2%)

May

$2,248

0.4%

(-0.0%)

0.6%

(-4.0%)

June

$1,879

0.3%

(-0.0%)

2.2%

(-2.1%)

July

$1,628

0.3%

(-0.1%)

2.3%

(-2.9%)

August

$1,458

0.2%

(-0.0%)

2.9%

(-1.8%)

September

$2,175

0.4%

(-0.0%)

-4.8%

(-5.1%)

October

$1,695

0.3%

(-0.1%)

6.8%

(-1.3%)

November

$2,132

0.4%

(-0.0%)

-0.8%

(-2.9%)

December

$2,750

0.5%

(-0.2%)

4.4%

(-3.1%)
2022

$11,158

1.8%

(-4.8%)

-18.7%

(-25.4%)

January

$3,072

0.5%

(-0.2%)

-5.3%

(-9.8%)

February

-$21,989

-3.6%

(-4.3%)

-3.0%

(-7.9%)

March

$5,395

0.9%

(-0.2%)

3.8%

(-4.9%)

April

$4,339

0.7%

(-0.2%)

-9.0%

(-9.8%)

May

$9,178

1.5%

(-0.2%)

0.4%

(-9.3%)

June

-$7,812

-1.3%

(-2.5%)

-8.4%

(-12.2%)

July

$1,701

0.3%

(-0.5%)

8.9%

(-2.9%)

August

$5,874

1.0%

(-0.1%)

-4.2%

(-8.1%)

September

$7,755

1.3%

(-0.1%)

-9.6%

(-12.8%)

October

-$7,981

-1.3%

(-4.8%)

8.0%

(-5.6%)

November

-$1,347

-0.2%

(-1.2%)

5.5%

(-3.5%)

December

$12,972

2.1%

(-0.4%)

-5.9%

(-7.2%)
2023

$6,850

1.1%

(-1.6%)

22.6%

(-10.3%)

January

$1,272

0.2%

(-0.5%)

6.1%

(-2.5%)

February

$4,743

0.8%

(-0.3%)

-2.6%

(-5.0%)

March

$1,578

0.3%

(-0.5%)

3.6%

(-4.8%)

April

-$3,192

-0.5%

(-0.9%)

1.5%

(-2.4%)

May

$3,189

0.5%

(-0.1%)

0.3%

(-2.6%)

June

-$4,809

-0.8%

(-1.2%)

6.3%

(-2.2%)

July

$1,851

0.3%

(-0.1%)

3.1%

(-1.3%)

August

-$134

0.0%

(-0.6%)

-1.7%

(-4.5%)

September

$2,644

0.4%

(-0.0%)

-4.9%

(-5.4%)

October

$3,993

0.6%

(-0.2%)

-2.1%

(-5.9%)

November

-$5,390

-0.9%

(-1.3%)

8.6%

(-0.8%)

December

$1,105

0.2%

(-0.1%)

4.4%

(-1.5%)
2024

$14,740

2.4%

(-1.0%)

21.8%

(-8.5%)

January

-$2,928

-0.5%

(-0.8%)

1.6%

(-1.7%)

February

-$1,522

-0.2%

(-0.5%)

5.1%

(-1.5%)

March

$2,190

0.4%

(-0.0%)

3.1%

(-1.1%)

April

$3,592

0.6%

(-0.0%)

-4.2%

(-5.3%)

May

-$802

-0.1%

(-0.5%)

4.7%

(-1.6%)

June

$4,873

0.8%

(-0.3%)

3.4%

(-0.7%)

July

$1,422

0.2%

(-0.1%)

1.2%

(-4.7%)

August

-$367

-0.1%

(-0.7%)

2.4%

(-4.8%)

September

$2,422

0.4%

(-0.3%)

2.1%

(-2.2%)

October

$2,974

0.5%

(-0.0%)

-0.9%

(-2.7%)

November

$498

0.1%

(-0.2%)

5.6%

(-2.2%)

December

$2,388

0.4%

(-0.1%)

-2.5%

(-3.7%)
2025

$30,837

4.8%

(-4.1%)

17.2%

(-18.9%)

January

$2,924

0.5%

(-0.0%)

2.7%

(-2.5%)

February

$2,134

0.3%

(-0.0%)

-1.4%

(-4.6%)

March

$4,656

0.7%

(-0.0%)

-5.8%

(-5.6%)

April

$8,292

1.3%

(-4.1%)

0.2%

(-12.1%)

May

$4,260

0.6%

(-0.0%)

6.1%

(-2.7%)

June

-$2,576

-0.4%

(-0.7%)

4.9%

(-1.3%)

July

$2,344

0.4%

(-0.0%)

2.2%

(-0.9%)

August

$1,930

0.3%

(-0.1%)

2.0%

(-1.5%)

September

$1,882

0.3%

(-0.0%)

3.5%

(-1.3%)

October

$2,516

0.4%

(-0.0%)

2.3%

(-3.0%)

November

$1,916

0.3%

(-0.1%)

0.2%

(-4.6%)

December

$560

0.1%

(0.0%)

0.3%

(0.0%)

Performance by Position

Performance Per Contract	Trades	Wins	Losses	Win %	Premium Collected	Premium Retained	Avg Entry	Avg Exit	Avg Profit	Profit Factor	Total Profit
2D call 78% PT	2104	2079	25	98.8%	$409,883	$186,492 (46%)	$0.34	$0.18	$0.16	2.22	$340.64
Backtest Total	2104	2079	25	98.8%	$409,883	$186,492 (45%)	$0.34	$0.18	$0.16	2.22	$340.64

Trade Log

Position	Position	Legs	Timing	Entry	Exit	Result
2D call 78% PT	2D call 78% PT -9 Fri Sep 2nd 2205c	-9 Fri Sep 2nd 2205c $396,900 max risk	Thu Sep 1st 2016 9:31:10 AM EDT \| $0.08 credit Fri Sep 2nd 2016 4:00:00 PM EDT \|	Thu Sep 1st 2016 9:31:10 AM EDT \| $0.08 credit SPX 2171.45	Fri Sep 2nd 2016 4:00:00 PM EDT SPX 2179.95	Expired $63 \| 87.50% $500,063 balance
2D call 78% PT	2D call 78% PT -9 Wed Sep 7th 2210c	-9 Wed Sep 7th 2210c $397,800 max risk	Tue Sep 6th 2016 9:31:10 AM EDT \| $0.08 credit Wed Sep 7th 2016 4:00:00 PM EDT \|	Tue Sep 6th 2016 9:31:10 AM EDT \| $0.08 credit SPX 2182.99	Wed Sep 7th 2016 4:00:00 PM EDT SPX 2186.16	Expired $63 \| 87.50% $500,126 balance
2D call 78% PT	2D call 78% PT -9 Fri Sep 9th 2205c	-9 Fri Sep 9th 2205c $396,900 max risk	Thu Sep 8th 2016 9:31:10 AM EDT \| $0.10 credit Fri Sep 9th 2016 4:00:00 PM EDT \|	Thu Sep 8th 2016 9:31:10 AM EDT \| $0.10 credit SPX 2181.03	Fri Sep 9th 2016 4:00:00 PM EDT SPX 2128.01	Expired $81 \| 90.00% $500,207 balance
2D call 78% PT	2D call 78% PT -9 Wed Sep 14th 2185c	-9 Wed Sep 14th 2185c $393,300 max risk	Mon Sep 12th 2016 9:31:10 AM EDT \| $0.22 credit Tue Sep 13th 2016 12:31:10 PM EDT \| $0.05 debit	Mon Sep 12th 2016 9:31:10 AM EDT \| $0.22 credit SPX 2120.64	Tue Sep 13th 2016 12:31:10 PM EDT \| $0.05 debit SPX 2126.12	Profit Target $144 \| 72.73% $500,351 balance
2D call 78% PT	2D call 78% PT -9 Wed Sep 14th 2170c	-9 Wed Sep 14th 2170c $390,600 max risk	Tue Sep 13th 2016 12:32:20 PM EDT \| $0.19 credit Wed Sep 14th 2016 9:31:50 AM EDT \| $0.04 debit	Tue Sep 13th 2016 12:32:20 PM EDT \| $0.19 credit SPX 2126.25	Wed Sep 14th 2016 9:31:50 AM EDT \| $0.04 debit SPX 2128.81	Profit Target $126 \| 73.68% $500,477 balance
2D call 78% PT	2D call 78% PT -9 Mon Sep 19th 2180c	-9 Mon Sep 19th 2180c $392,400 max risk	Thu Sep 15th 2016 9:31:10 AM EDT \| $0.20 credit Fri Sep 16th 2016 11:03:50 AM EDT \| $0.04 debit	Thu Sep 15th 2016 9:31:10 AM EDT \| $0.20 credit SPX 2126.04	Fri Sep 16th 2016 11:03:50 AM EDT \| $0.04 debit SPX 2134.66	Profit Target $135 \| 75.00% $500,612 balance
2D call 78% PT	2D call 78% PT -9 Mon Sep 19th 2175c	-9 Mon Sep 19th 2175c $391,500 max risk	Fri Sep 16th 2016 11:05:00 AM EDT \| $0.08 credit Mon Sep 19th 2016 4:00:00 PM EDT \|	Fri Sep 16th 2016 11:05:00 AM EDT \| $0.08 credit SPX 2134.67	Mon Sep 19th 2016 4:00:00 PM EDT SPX 2139.14	Expired $63 \| 87.50% $500,675 balance
2D call 78% PT	2D call 78% PT -9 Wed Sep 21st 2195c	-9 Wed Sep 21st 2195c $395,100 max risk	Tue Sep 20th 2016 9:31:10 AM EDT \| $0.15 credit Wed Sep 21st 2016 10:30:10 AM EDT \| $0.03 debit	Tue Sep 20th 2016 9:31:10 AM EDT \| $0.15 credit SPX 2148.00	Wed Sep 21st 2016 10:30:10 AM EDT \| $0.03 debit SPX 2149.83	Profit Target $99 \| 73.33% $500,774 balance
2D call 78% PT	2D call 78% PT -9 Fri Sep 23rd 2205c	-9 Fri Sep 23rd 2205c $396,900 max risk	Wed Sep 21st 2016 10:31:20 AM EDT \| $0.14 credit Fri Sep 23rd 2016 9:31:50 AM EDT \| $0.03 debit	Wed Sep 21st 2016 10:31:20 AM EDT \| $0.14 credit SPX 2149.54	Fri Sep 23rd 2016 9:31:50 AM EDT \| $0.03 debit SPX 2171.81	Profit Target $90 \| 71.43% $500,864 balance
2D call 78% PT	2D call 78% PT -9 Mon Sep 26th 2205c	-9 Mon Sep 26th 2205c $396,900 max risk	Fri Sep 23rd 2016 9:33:00 AM EDT \| $0.08 credit Mon Sep 26th 2016 4:00:00 PM EDT \|	Fri Sep 23rd 2016 9:33:00 AM EDT \| $0.08 credit SPX 2171.68	Mon Sep 26th 2016 4:00:00 PM EDT SPX 2146.31	Expired $63 \| 87.50% $500,927 balance
2D call 78% PT	2D call 78% PT -9 Wed Sep 28th 2185c	-9 Wed Sep 28th 2185c $393,300 max risk	Tue Sep 27th 2016 9:31:10 AM EDT \| $0.09 credit Wed Sep 28th 2016 4:00:00 PM EDT \|	Tue Sep 27th 2016 9:31:10 AM EDT \| $0.09 credit SPX 2142.40	Wed Sep 28th 2016 4:00:00 PM EDT SPX 2171.26	Expired $72 \| 88.89% $500,999 balance
2D call 78% PT	2D call 78% PT -9 Fri Sep 30th 2200c	-9 Fri Sep 30th 2200c $396,000 max risk	Thu Sep 29th 2016 9:31:10 AM EDT \| $0.07 credit Fri Sep 30th 2016 4:00:00 PM EDT \|	Thu Sep 29th 2016 9:31:10 AM EDT \| $0.07 credit SPX 2169.60	Fri Sep 30th 2016 4:00:00 PM EDT SPX 2168.09	Expired $54 \| 85.71% $501,053 balance
2D call 78% PT	2D call 78% PT -9 Wed Oct 5th 2200c	-9 Wed Oct 5th 2200c $396,000 max risk	Mon Oct 3rd 2016 9:31:10 AM EDT \| $0.15 credit Tue Oct 4th 2016 9:34:40 AM EDT \| $0.03 debit	Mon Oct 3rd 2016 9:31:10 AM EDT \| $0.15 credit SPX 2160.24	Tue Oct 4th 2016 9:34:40 AM EDT \| $0.03 debit SPX 2163.80	Profit Target $99 \| 73.33% $501,152 balance
2D call 78% PT	2D call 78% PT -9 Wed Oct 5th 2190c	-9 Wed Oct 5th 2190c $394,200 max risk	Tue Oct 4th 2016 9:35:50 AM EDT \| $0.08 credit Wed Oct 5th 2016 4:00:00 PM EDT \|	Tue Oct 4th 2016 9:35:50 AM EDT \| $0.08 credit SPX 2163.95	Wed Oct 5th 2016 4:00:00 PM EDT SPX 2159.67	Expired $63 \| 87.50% $501,215 balance
2D call 78% PT	2D call 78% PT -9 Fri Oct 7th 2190c	-9 Fri Oct 7th 2190c $394,200 max risk	Thu Oct 6th 2016 9:31:10 AM EDT \| $0.14 credit Fri Oct 7th 2016 9:33:30 AM EDT \| $0.03 debit	Thu Oct 6th 2016 9:31:10 AM EDT \| $0.14 credit SPX 2156.99	Fri Oct 7th 2016 9:33:30 AM EDT \| $0.03 debit SPX 2162.59	Profit Target $90 \| 71.43% $501,305 balance
2D call 78% PT	2D call 78% PT -9 Mon Oct 10th 2195c	-9 Mon Oct 10th 2195c $395,100 max risk	Fri Oct 7th 2016 9:34:40 AM EDT \| $0.09 credit Mon Oct 10th 2016 4:00:00 PM EDT \|	Fri Oct 7th 2016 9:34:40 AM EDT \| $0.09 credit SPX 2160.62	Mon Oct 10th 2016 4:00:00 PM EDT SPX 2163.66	Expired $72 \| 88.89% $501,377 balance
2D call 78% PT	2D call 78% PT -9 Wed Oct 12th 2185c	-9 Wed Oct 12th 2185c $393,300 max risk	Tue Oct 11th 2016 9:31:10 AM EDT \| $0.08 credit Wed Oct 12th 2016 4:00:00 PM EDT \|	Tue Oct 11th 2016 9:31:10 AM EDT \| $0.08 credit SPX 2158.43	Wed Oct 12th 2016 4:00:00 PM EDT SPX 2139.27	Expired $63 \| 87.50% $501,440 balance
2D call 78% PT	2D call 78% PT -9 Fri Oct 14th 2170c	-9 Fri Oct 14th 2170c $390,600 max risk	Thu Oct 13th 2016 9:31:10 AM EDT \| $0.10 credit Fri Oct 14th 2016 4:00:00 PM EDT \|	Thu Oct 13th 2016 9:31:10 AM EDT \| $0.10 credit SPX 2125.03	Fri Oct 14th 2016 4:00:00 PM EDT SPX 2133.08	Expired $81 \| 90.00% $501,521 balance
2D call 78% PT	2D call 78% PT -9 Wed Oct 19th 2175c	-9 Wed Oct 19th 2175c $391,500 max risk	Mon Oct 17th 2016 9:31:10 AM EDT \| $0.17 credit Mon Oct 17th 2016 12:11:10 PM EDT \| $0.04 debit	Mon Oct 17th 2016 9:31:10 AM EDT \| $0.17 credit SPX 2134.74	Mon Oct 17th 2016 12:11:10 PM EDT \| $0.04 debit SPX 2129.49	Profit Target $108 \| 70.59% $501,629 balance
2D call 78% PT	2D call 78% PT -9 Wed Oct 19th 2170c	-9 Wed Oct 19th 2170c $390,600 max risk	Mon Oct 17th 2016 12:12:20 PM EDT \| $0.07 credit Wed Oct 19th 2016 4:00:00 PM EDT \|	Mon Oct 17th 2016 12:12:20 PM EDT \| $0.07 credit SPX 2129.74	Wed Oct 19th 2016 4:00:00 PM EDT SPX 2144.33	Expired $54 \| 85.71% $501,683 balance

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