Sample trade case studies

Featured: the complete AAPL historical sample trade ledger (Jan 2021–Jan 2022) — 360 days, $7,542.76 realized net as recorded, including hard put closes and covered-call rolls. Also see the sample tracker & LEN partial cycle (put → assignment; later calls incomplete).

Each row below is one historical sample wheel cycle: from the first option sold to the position's close. Click a ticker for the cycle's individual option sales. Future sample trade updates may be weekly, biweekly, or monthly as new material is ready — no fixed schedule.

Ticker	Opened	Closed	Days held	Net gain/loss	Capital at risk	Margin req.	CaR return	CaR annualized	Margin return	Margin annualized
ALK	12/20/2017	11/16/2018	331	$1.23	$69.85	$14.50	1.76%	1.94%	8.48%	9.35%
HPE	7/13/2018	11/16/2018	126	$0.64	$14.34	$3.00	4.46%	12.93%	21.33%	61.80%
SBUX	12/8/2017	12/21/2018	378	$0.91	$55.95	$11.50	1.63%	1.57%	7.91%	7.64%
WBA	10/9/2018	1/18/2019	101	$2.50	$67.50	$14.00	3.70%	13.38%	17.86%	64.53%
IP	10/26/2018	1/18/2019	84	$0.18	$41.32	$8.50	0.44%	1.89%	2.12%	9.20%
XLV	1/26/2018	2/15/2019	385	$0.10	$88.88	$18.00	0.11%	0.11%	0.56%	0.53%

Historical sample trade. Prices and dates as recorded; illustrative, not independently audited. Educational only — not verified personal performance, not a recommendation, and not a claim that any order would have filled at these prices. Amounts in this table are per share.

How to read this

Capital at risk (CaR): the cash securing the position, as recorded for the sample (for these cycles: the first strike minus the first premium received).
Margin req.: the broker margin requirement recorded for the position. "Margin return" divides the same gain by this smaller amount. It shows capital efficiency in a margin account, and it also shows why margin magnifies risk.
Annualized: return × 365 ÷ days held (simple, not compounded).

Disclosure. Past results do not guarantee future results. Sample trades on Wheelable are historical and educational. They are not investment advice, not current recommendations, and not verified personal performance. Historical prices and dates are shown as recorded; illustrative, not independently audited. Options involve risk and aren't suitable for every investor. See the OCC options disclosure document.

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