Delta Backtest

This tool is designed to be a rough illustration of the retail "roll for a credit forever" style of managing covered calls that have gone ITM on a portfolio of US Large Cap stocks.

Historical options data is simulated. For more information on the methodology and parameters, see the FAQ page.

Start Date

End Date

Target DTE

Short Call Delta

Profit Target

Roll Trigger

Price & Trade Entries Active

Cumulative P&L We intentionally isolate just the short call P&L to highlight whether or not selling a covered call provides excess returns over just holding the underlying. Active

Results Summary

Configure and run a backtest to see the performance metrics.

Contact & Feedback

Have questions, feedback, or found a bug? Send us a message.