Aug. 29, 2016
Historical average return:
(backtested over 2.0 years)
Historical success probability: 81.1%
An options backtest of covered calls on Apple over the past two years shows that the options strategy added on average $7,600 per 1,000 shares to the investor's portfolio value ($950 every three months). We ran numerous options backtesting analyses to optimize the strategy and identify the time to expiration and strike price with the highest historical expected value and with the lowest probability of shares being called away. Log in to view the details.