The 52%, 36% and 18% figures in our October 16, 2026 comparison are simplified annualized illustrations. Here are the calculations, samples and cost conventions behind them.
Options Trading: 52%
For 276 completed trades exiting in 2026 through October 16th, the average return on original maximum risk was 20.575%, and the average holding period was 143.986 calendar days.
20.575% × 365 ÷ 143.986 ≈ 52%
This illustration assumes continuous redeployment of equal amounts of risk capital as trades close. Returns are before fees, and the denominator is each trade’s original maximum risk.
See the trade-exit record and Portfolio Armor Trading.
Unhedged Top Names Stocks: 36%
The 172 completed weekly cohorts beginning December 29, 2022 through April 9, 2026 averaged an 18.10% unhedged return over six months.
18.10% × 2 = 36.20%, rounded to 36%
Each cohort measures its own six-month holding period. Doubling the average provides a year-length illustration without compounding.
See the complete cohort record and Portfolio Armor Basic.
Hedged Portfolios: 18%
Our selected example uses portfolios hedged against declines greater than 20%. The 177 portfolios begun June 30, 2022 through March 12, 2026 averaged 8.77% over approximately six months, net of hedging and trading costs. Protection assumes the displayed positions and hedges are entered and maintained as specified.
8.77% × 2 = 17.54%, rounded to 18%
See the tracked portfolio record and Portfolio Armor Premium.