1 contracts (100 sh) | BE SS: $588.00 | CC-SS: $606.69 (banked floor $584.61) | IV: HIGH | Accounts: RetireInc:7291
| Max Loss | $48,300 | (ND $128.00 + SW $355) x 100 |
| Normal income ref | $2,702/mo | 95% ann ROI on ML |
| Hedge rolling cost | $92/mo | |
| Unrealized P&L | $-31,330 | fortress legs from IBKR |
| Open leg | Acct | Credit/sh | In flight | Opened |
|---|---|---|---|---|
| 1x $332.5C 11 Sep 2026 | U18827291 | $2.50 | $250 | 2026-09-08 |
Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 1 contracts). The master ranks the two by E[net]/mo to pick one grand pick; both are shown here so you can choose the tenor that fits your roll cadence.
| Track | Expiry | Sell | Survival | Income/mo | E[net]/mo |
|---|---|---|---|---|---|
| NEXT FRIDAY 🏆 | 18 Sep 2026 · 7d | 1 × $330 | 77% | $1,500 | $420 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | FIGHT edge | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | cover hedge | 1 × $360 | 18 Sep | 7d | 15.1% | 96%hist 96% | 8%hist 3% | +1pp | $30 | $129 | -$1,371 | $24,639 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 1 × $360 15.1% OTM over spot $312.89 18 Sep 2026 (7d, $0.45 mid) = $30 credit for the 7d cycle → $129/mo projected Survival (stays ≤ $360) 96% Breach risk 4% POP (stays ≤ $360.45) 96% EV / mo +$51 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +1pp 15% whole by 9mo vs 14% doing nothing FIRE DRILLS ~0.7/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $17/mo median; plan ~$11/mo after 68% keep · $128 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~5.0 mo [4.0-6.7], measured ONLY among the 15% of futures that got whole 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 3% Flat exit net (mid-life) -$847 Free roll-up +$5/wk Safest escape (by 9 Oct 2026) $382 @ 77% POP 71% survival Roll menuyour doors if the call gets challenged; each row = buy back the 1 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $12.40/sh now → $8.77 mid-life (likely $6.83–$12.16) → ≈ $0 at expiry | you banked $0.30/sh, so a flat mid-life exit nets -$8.47/sh | roll rows are incremental, the banked premium stays yours 📊 Across 95 simulated challenges: the $360 strike is typically first touched on day 5 of 7, at $366 (overshoots $5.68). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened. More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stressIncome coverage
Downside budget ⚠ $360 is $247 below CC-SS $606.69: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.07/sh (~25% of the $0.30 collected) or spot ≥ $360.45 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $360)); NOT the premium you collected. Momentum override: two daily closes above $321.06 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.09 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $606.69, where you are whole again, by expiry) Starting unrealized P&L: $-31,330 + Fortress recovery (un-capped): +$32,141 − CC assignment net of premium (1 × $360): -$24,639 Total Position P&L @ SS: $-23,827 (+$7,503 vs today) Do-nothing baseline at SS: $-16,852 (this trade vs do-nothing: $-6,975, the opportunity cost of earning $129/mo FIGHT income now) BB-reversion stress (→ $434.52 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$7,422, position total $-25,446 (+$5,884 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 1 × $345 | 18 Sep | 7d | 10.3% | 90%hist 96% | 19%hist 13% | +3pp | $120 | $514 | -$986 | $26,049 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 1 × $345 10.3% OTM over spot $312.89 18 Sep 2026 (7d, $1.40 mid) = $120 credit for the 7d cycle → $514/mo projected Survival (stays ≤ $345) 90% Breach risk 10% POP (stays ≤ $346.40) 91% EV / mo +$239 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +3pp 14% whole by 9mo vs 12% doing nothing FIRE DRILLS ~1.7/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $282/mo median; plan ~$192/mo after 68% keep · $2,413 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~6.2 mo, measured ONLY among the 14% of futures that got whole 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 12% Flat exit net (mid-life) -$720 Free roll-up +$5/wk Safest escape (by 9 Oct 2026) $372 @ 79% POP 74% survival Roll menuyour doors if the call gets challenged; each row = buy back the 1 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $11.88/sh now → $8.40 mid-life (likely $7.41–$13.26) → ≈ $0 at expiry | you banked $1.20/sh, so a flat mid-life exit nets -$7.20/sh | roll rows are incremental, the banked premium stays yours 📊 Across 375 simulated challenges: the $345 strike is typically first touched on day 5 of 7, at $351 (overshoots $6.15). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened. More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stressIncome coverage
Downside budget ⚠ $345 is $262 below CC-SS $606.69: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.30/sh (~25% of the $1.20 collected) or spot ≥ $346.40 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $345)); NOT the premium you collected. Momentum override: two daily closes above $321.06 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.09 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $606.69, where you are whole again, by expiry) Starting unrealized P&L: $-31,330 + Fortress recovery (un-capped): +$32,141 − CC assignment net of premium (1 × $345): -$26,049 Total Position P&L @ SS: $-25,237 (+$6,093 vs today) Do-nothing baseline at SS: $-16,852 (this trade vs do-nothing: $-8,385, the opportunity cost of earning $514/mo FIGHT income now) BB-reversion stress (→ $434.52 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$8,832, position total $-26,856 (+$4,474 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal ← lean | 1 × $335 | 18 Sep | 7d | 7.1% | 83%hist 86% | 35%hist 31% | +5pp | $255 | $1,093 | -$407 | $26,914 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 1 × $335 7.1% OTM over spot $312.89 18 Sep 2026 (7d, $2.83 mid) = $255 credit for the 7d cycle → $1,093/mo projected Survival (stays ≤ $335) 83% Breach risk 17% POP (stays ≤ $337.82) 86% EV / mo +$451 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +5pp 15% whole by 9mo vs 10% doing nothing FIRE DRILLS ~3.3/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $535/mo median; plan ~$364/mo after 68% keep · $4,633 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~5.6 mo [4.0-7.1], measured ONLY among the 15% of futures that got whole 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 25% Flat exit net (mid-life) -$561 Free roll-up +$5/wk Safest escape (by 9 Oct 2026) $372 @ 83% POP 80% survival Roll menuyour doors if the call gets challenged; each row = buy back the 1 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $11.54/sh now → $8.16 mid-life (likely $8.02–$13.42) → ≈ $0 at expiry | you banked $2.55/sh, so a flat mid-life exit nets -$5.61/sh | roll rows are incremental, the banked premium stays yours 📊 Across 755 simulated challenges: the $335 strike is typically first touched on day 4 of 7, at $341 (overshoots $5.54). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened. More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stressIncome coverage
Downside budget ⚠ $335 is $272 below CC-SS $606.69: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.64/sh (~25% of the $2.55 collected) or spot ≥ $337.82 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $335)); NOT the premium you collected. Momentum override: two daily closes above $321.06 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.09 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $606.69, where you are whole again, by expiry) Starting unrealized P&L: $-31,330 + Fortress recovery (un-capped): +$32,141 − CC assignment net of premium (1 × $335): -$26,914 Total Position P&L @ SS: $-26,102 (+$5,228 vs today) Do-nothing baseline at SS: $-16,852 (this trade vs do-nothing: $-9,250, the opportunity cost of earning $1,093/mo FIGHT income now) BB-reversion stress (→ $434.52 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$9,697, position total $-27,721 (+$3,609 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 1 × $330 | 18 Sep | 7d | 5.5% | 77%hist 83% | 46%hist 39% | +6pp | $350 | $1,500 | — | $27,319 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 1 × $330 5.5% OTM over spot $312.89 18 Sep 2026 (7d, $3.75 mid) = $350 credit for the 7d cycle → $1,500/mo projected Survival (stays ≤ $330) 77% Breach risk 23% POP (stays ≤ $333.75) 82% EV / mo +$536 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +6pp 21% whole by 9mo vs 16% doing nothing FIRE DRILLS ~4.5/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $649/mo median; plan ~$441/mo after 68% keep · $5,592 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~5.9 mo [4.4-7.1], measured ONLY among the 21% of futures that got whole 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 33% Flat exit net (mid-life) -$454 Free roll-up +$7/wk Safest escape (by 9 Oct 2026) $372 @ 85% POP 83% survival Roll menuyour doors if the call gets challenged; each row = buy back the 1 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $11.37/sh now → $8.04 mid-life (likely $8.60–$13.21) → ≈ $0 at expiry | you banked $3.50/sh, so a flat mid-life exit nets -$4.54/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,002 simulated challenges: the $330 strike is typically first touched on day 4 of 7, at $335 (overshoots $5.21). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened. More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stressIncome coverage
Downside budget ⚠ $330 is $277 below CC-SS $606.69: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.88/sh (~25% of the $3.50 collected) or spot ≥ $333.75 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $330)); NOT the premium you collected. Momentum override: two daily closes above $321.06 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.09 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $606.69, where you are whole again, by expiry) Starting unrealized P&L: $-31,330 + Fortress recovery (un-capped): +$32,141 − CC assignment net of premium (1 × $330): -$27,319 Total Position P&L @ SS: $-26,507 (+$4,823 vs today) Do-nothing baseline at SS: $-16,852 (this trade vs do-nothing: $-9,655, the opportunity cost of earning $1,500/mo FIGHT income now) BB-reversion stress (→ $434.52 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$10,102, position total $-28,126 (+$3,204 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 1 × $317.50 | 18 Sep | 7d | 1.5% | 59%hist 70% | 84%hist 79% | +8pp | $750 | $3,214 | +$1,714 | $28,169 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 1 × $317.50 1.5% OTM over spot $312.89 18 Sep 2026 (7d, $8.00 mid) = $750 credit for the 7d cycle → $3,214/mo projected Survival (stays ≤ $317.50) 59% Breach risk 41% POP (stays ≤ $325.50) 72% EV / mo +$732 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +8pp 19% whole by 9mo vs 10% doing nothing FIRE DRILLS ~11.3/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $953/mo median; plan ~$648/mo after 68% keep · $8,346 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~6.3 mo [4.7-7.3], measured ONLY among the 19% of futures that got whole 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 65% Flat exit net (mid-life) -$23 Free roll-up +$7/wk Safest escape (by 9 Oct 2026) $380 @ 91% POP 91% survival Roll menuyour doors if the call gets challenged; each row = buy back the 1 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $10.94/sh now → $7.73 mid-life (likely $10.27–$14.64) → ≈ $0 at expiry | you banked $7.50/sh, so a flat mid-life exit nets -$0.23/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,956 simulated challenges: the $318 strike is typically first touched on day 2 of 7, at $323 (overshoots $5.52). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened. More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stressIncome coverage
Downside budget ⚠ $317.50 is $289 below CC-SS $606.69: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $1.88/sh (~25% of the $7.50 collected) or spot ≥ $325.50 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $318)); NOT the premium you collected. Momentum override: two daily closes above $321.06 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.09 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $606.69, where you are whole again, by expiry) Starting unrealized P&L: $-31,330 + Fortress recovery (un-capped): +$32,141 − CC assignment net of premium (1 × $317.50): -$28,169 Total Position P&L @ SS: $-27,357 (+$3,973 vs today) Do-nothing baseline at SS: $-16,852 (this trade vs do-nothing: $-10,505, the opportunity cost of earning $3,214/mo FIGHT income now) BB-reversion stress (→ $434.52 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$10,952, position total $-28,976 (+$2,354 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (4 expiries scanned, 27 clear the income floor), each sized to the minimum contracts that clear it. Sorted by survival (safest first): the primary 🎯 is the safest; rows below trade safety for income.
Fortress delta: 1.094 (IBKR) | Recovery@SS: +$32,141 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $-16,852
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $330 | 7d | 18 Sep 2026 | $3.50 | 1/1 | $1,500 | $1,408 | 77% | 82% | +$536 | -$27,319 | 213.4% | $-26,507 (vs do-nothing $-9,655) |
| $327.50 | 7d | 18 Sep 2026 | $4.10 | 1/1 | $1,757 | $1,665 | 74% | 80% | +$584 | -$27,509 | 214.9% | $-26,697 (vs do-nothing $-9,845) |
| $325 | 7d | 18 Sep 2026 | $4.60 | 1/1 | $1,971 | $1,879 | 71% | 78% | +$550 | -$27,709 | 216.5% | $-26,897 (vs do-nothing $-10,045) |
| $327.50 | 14d | 25 Sep 2026 | $7.00 | 1/1 | $1,500 | $1,408 | 69% | 76% | +$325 | -$27,219 | 212.6% | $-26,407 (vs do-nothing $-9,555) |
| $322.50 | 7d | 18 Sep 2026 | $5.40 | 1/1 | $2,314 | $2,222 | 67% | 76% | +$602 | -$27,879 | 217.8% | $-27,067 (vs do-nothing $-10,215) |
| $325 | 14d | 25 Sep 2026 | $7.50 | 1/1 | $1,607 | $1,515 | 66% | 75% | +$270 | -$27,419 | 214.2% | $-26,607 (vs do-nothing $-9,755) |
| $325 | 21d | 2 Oct 2026 | $10.30 | 1/1 | $1,471 | $1,379 | 64% | 74% | +$162 | -$27,139 | 212.0% | $-26,327 (vs do-nothing $-9,475) |
| $322.50 | 14d | 25 Sep 2026 | $8.50 | 1/1 | $1,821 | $1,729 | 63% | 73% | +$314 | -$27,569 | 215.4% | $-26,757 (vs do-nothing $-9,905) |
| $320 | 7d | 18 Sep 2026 | $6.20 | 1/1 | $2,657 | $2,565 | 63% | 73% | +$574 | -$28,049 | 219.1% | $-27,237 (vs do-nothing $-10,385) |
| $325 | 28d | 9 Oct 2026 | $13.00 | 1/1 | $1,393 | $1,301 | 63% | 74% | +$256 | -$26,869 | 209.9% | $-26,057 (vs do-nothing $-9,205) |
| $320 | 14d | 25 Sep 2026 | $9.60 | 1/1 | $2,057 | $1,965 | 61% | 72% | +$345 | -$27,709 | 216.5% | $-26,897 (vs do-nothing $-10,045) |
| $320 | 21d | 2 Oct 2026 | $13.30 | 1/1 | $1,900 | $1,808 | 59% | 71% | +$326 | -$27,339 | 213.6% | $-26,527 (vs do-nothing $-9,675) |
| $317.50 | 7d | 18 Sep 2026 | $7.50 | 1/1 | $3,214 | $3,122 | 59% | 72% | +$732 | -$28,169 | 220.1% | $-27,357 (vs do-nothing $-10,505) |
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $320 | 28d | 9 Oct 2026 | $15.00 | 1/1 | $1,607 | $1,515 | 59% | 71% | +$266 | -$27,169 | 212.3% | $-26,357 (vs do-nothing $-9,505) |
| $317.50 | 14d | 25 Sep 2026 | $10.60 | 1/1 | $2,271 | $2,179 | 58% | 70% | +$355 | -$27,859 | 217.6% | $-27,047 (vs do-nothing $-10,195) |
| $315 | 7d | 18 Sep 2026 | $8.60 | 1/1 | $3,686 | $3,594 | 55% | 70% | +$754 | -$28,309 | 221.2% | $-27,497 (vs do-nothing $-10,645) |
| $315 | 28d | 9 Oct 2026 | $17.00 | 1/1 | $1,821 | $1,729 | 55% | 69% | +$250 | -$27,469 | 214.6% | $-26,657 (vs do-nothing $-9,805) |
| $315 | 21d | 2 Oct 2026 | $15.30 | 1/1 | $2,186 | $2,094 | 55% | 69% | +$308 | -$27,639 | 215.9% | $-26,827 (vs do-nothing $-9,975) |
| $315 | 14d | 25 Sep 2026 | $11.90 | 1/1 | $2,550 | $2,458 | 55% | 69% | +$390 | -$27,979 | 218.6% | $-27,167 (vs do-nothing $-10,315) |
| $312.50 | 14d | 25 Sep 2026 | $13.00 | 1/1 | $2,786 | $2,694 | 52% | 68% | +$382 | -$28,119 | 219.7% | $-27,307 (vs do-nothing $-10,455) |
| $312.50 | 7d | 18 Sep 2026 | $9.80 | 1/1 | $4,200 | $4,108 | 51% | 68% | +$764 | -$28,439 | 222.2% | $-27,627 (vs do-nothing $-10,775) |
| $310 | 28d | 9 Oct 2026 | $19.00 | 1/1 | $2,036 | $1,944 | 50% | 67% | +$208 | -$27,769 | 216.9% | $-26,957 (vs do-nothing $-10,105) |
| $310 | 21d | 2 Oct 2026 | $16.50 | 1/1 | $2,357 | $2,265 | 50% | 66% | +$134 | -$28,019 | 218.9% | $-27,207 (vs do-nothing $-10,355) |
| $310 | 14d | 25 Sep 2026 | $14.60 | 1/1 | $3,129 | $3,036 | 49% | 67% | +$446 | -$28,209 | 220.4% | $-27,397 (vs do-nothing $-10,545) |
| $310 | 7d | 18 Sep 2026 | $11.10 | 1/1 | $4,757 | $4,665 | 46% | 66% | +$763 | -$28,559 | 223.1% | $-27,747 (vs do-nothing $-10,895) |
| $307.50 | 14d | 25 Sep 2026 | $15.70 | 1/1 | $3,364 | $3,272 | 45% | 65% | +$391 | -$28,349 | 221.5% | $-27,537 (vs do-nothing $-10,685) |
| $307.50 | 7d | 18 Sep 2026 | $12.60 | 1/1 | $5,400 | $5,308 | 42% | 64% | +$794 | -$28,659 | 223.9% | $-27,847 (vs do-nothing $-10,995) |
Income/mo = FIGHT leg gross, DTE-prorated. Net/mo = FIGHT + conservative CC gross minus hedge cost. POP (mid) = probability stock closes at or below (strike + mid premium) at expiry, per-strike chain IV when available. Survival = CC expires fully worthless. EV/mo = premium minus expected buyback, monthly, with realized vol = IV x 85% (variance risk premium 15%). Survival, POP and touch use vol x 1.00 (raw implied: the VRP haircut is applied to the premium edge but NOT to risk, because understating the edge costs opportunity while understating breach odds costs capital; the risk-side haircut arms only from the graded ledger). Cap give-up @ SS = recovery mortgaged on a V-bounce to SS, net of premium. Total P&L @ SS = absolute position P&L if the stock closes at SS; "vs do-nothing" = opportunity cost against holding all 1 contracts at the conservative CC.