FORTRESS FIGHT: CLSK @ $12.52

BE SS: $20.74  |  CC-SS: $17.95  |  25 contracts (2,500 sh) |  ⌂ PORTFOLIO

GENERATED2026-07-17 21:37

CLSK @ $12.52   UNDERWATER $8.22 (39.6% below BE SS)

⚠ EARNINGS · SHORT EXPIRY ONLY
CLSK reports 2026-08-07 (Fri), in 21 days. The recommended CC (7d) closes BEFORE earnings , that one is safe , but the richer/longer options below expire after it and would sell through the gap. Keep the tenor inside 2026-08-07.

25 contracts (2,500 sh)  |  BE SS: $20.74  |  CC-SS: $17.95  |  IV: HIGH  |  Accounts: RetireInc:7291

LC: $17 exp 2028-01-21 (entry $7.807/sh)
SP: $17 exp 2028-01-21 (entry $6.523/sh)
HP: $10 exp 2028-01-21 (entry $2.461/sh)

Economics

Max Loss$26,850(ND $3.74 + SW $7) x 2500
Normal income ref$4,446/mo95% ann ROI on ML
Hedge (static, never rolled)$0/moHP expiry = SP LEAPS; decay ≈ $481/mo (info only, already in marks)
Unrealized P&L$-11,288fortress legs from IBKR
INCOME GOALPOSTS & VELOCITY
50% INCOME FLOOR
$2,223/mo
HEDGE COVER
$0/mo (static)
NORMAL INCOME
$4,446/mo (ATM CC, chain)
IC VELOCITY
2.1 mo to earn back $9,350
ML VELOCITY
6.0 mo to earn back $26,850
Deep drawdown confirmed: a CC at CC-SS $17.95 (probe: $18C 14d) brings only $268/mo (<20% of normal), so FIGHT below it is warranted.
🏦 Campaign ledger: seeded, nothing tracked yet. Open short calls and banked credits appear here from the next cycle on; the banked-floor (info) shows how far premium would ratchet the floor, but the recommended CC-SS stays the pure recovery strike.
TECHNICALS (cc_timing weekly gate + daily trigger)
WEEKLYNEUTRAL · %B 47 (live) · RSI 47 · MACD bearish, hist falling
DAILYFALLING (provisional) · RSI 41 · %B 27 · hist rising (nightly)
LEVELSUpper BB (CC ceiling) $18.75 (+50%) · daily UBB $17.43 · 1-wk expected move ±$2 (chain IV)
SETUPNo tilt: engine default. (advisory; floors and picks are chain-only)
⚠ Next earnings 2026-08-07: candidates whose expiry crosses it are flagged in the spectrum; EV is unreliable across earnings.
INTERPRETATION
Primary: 13 contracts at $13 / 7d. This is the safest strike (survival 63%, breach 37%) that still earns 50% of normal income ($2,223/mo); it brings $2,340/mo. The engine maximizes the odds the pullback never reaches your strike, rather than chasing the fattest near-ATM premium.
More income, less safety: the ladder tops out at 25 × $13/7d for $4,500/mo, but breach risk rises to 37% (+0pp vs the primary). The lower strike is hit by a smaller bounce.
More safety, less income: for just the hedge you can sit at 25 × $15/7d (91% survival, $643/mo).
Downside anchor: the primary mortgages $5,886 (63% of IC) ONLY on a full V-bounce all the way to SS $21, recoverable in 1.3 months of normal income. That is the rare tail; the frequent case is the strike holding. Surgical close on the 13 contracts realizes $-5,980 and cuts bleed by $0/mo.

📅 Two weekly tracks, this Friday & next Friday

Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 25 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.

🏆 Grand pick: NEXT FRIDAY · 24 Jul 2026 (7d) · sell 13 × $13, 63% survival, $2,340/mo (E[net] $410/mo).
This week's Friday is inside the pin/gamma window, so only the next weekly is shown.
TrackExpirySellSurvivalIncome/moE[net]/mo
NEXT FRIDAY 🏆24 Jul 2026 · 7d13 × $1363%$2,340$410

📅 NEXT FRIDAY · 24 Jul 2026 · 7d · E[net] $410/mo 🏆 GRAND PICK

🎯 Engine pick: sell 13 × $13 (primary), 63% survival, breach 37%, $2,340/mo.
⚖️ Worth a safer step: the $14 rung (33% normal) lifts survival to 81% (breach 37% → 19%) for $797/mo less (34% income), and it still covers your hedge. The pick sits below the ~80% (≈1σ) comfort line; on a drawdown you are nursing back, dodging the frequent breach usually beats the extra premium. Lean: the safer $14 rung, unless you need the income to cover the hedge bleed, or you expect CLSK to stay flat-to-down near term.
CLSK  spot $12.52 · click a rung to expand its decision panel
RungSellExpiryDTEOTMSurvivalTouch oddsFIGHT edgePer cycleIncome/moΔ vs pickCap give-up
🛡 safe yield25 × $1524 Jul7d19.8%91%19%+4pp$150$643-$1,697$7,219
Sell 25 × $15 19.8% OTM over spot $12.52 24 Jul 2026 (7d, $0.10 mid)
= $150 credit for the 7d cycle → $643/mo projected
Survival (stays ≤ $15)
91%
Breach risk
9%
POP (stays ≤ $15.10)
92%
EV / mo
+$111
📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion)
FIGHT'S EDGE
+4pp
55% whole by 9mo vs 51% doing nothing
FIRE DRILLS
~1.0/quarter
challenges to roll; realized tends lower (calibration)
BANKED RATE WHILE FIGHTING
$390/mo
median; plan ~$265/mo after 68% keep · $2,056 banked by campaign end (selling stops once whole)
green: with FIGHT · grey: without
if it recovers, the typical trip is ~1.7 mo [0.9-3.2], measured ONLY among the 55% 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)
11%
Flat exit net (mid-life)
-$1,690
Free roll-up
+$0/wk
Safest escape (by 14 Aug 2026)
$16 @ 74% POP
64% survival
Roll menuyour doors if the call gets challenged; each row = buy back the 25 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: $1.04/sh now → $0.74 mid-life (likely $0.62–$1.12)≈ $0 at expiry  |  you banked $0.06/sh, so a flat mid-life exit nets -$0.68/sh  |  roll rows are incremental, the banked premium stays yours
📊 Across 337 simulated challenges: the $15 strike is typically first touched on day 5 of 7, at $15 (overshoots $0.45). 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.
MoveNew strike ≈New expiryTenorEst netTotal (25 ct)POP / surv
of new CC
If rolled & exited
total P&L · cap gain @ new strike
Max even-money escape in the band~$1614 Aug 202624d left+$0.54/sh+$1,338
cycle +$1,488
[+$1,127…+$1,716] · 100% credit
74%
surv 64%
-$2,793 NOT
cap gain +$8,495
SS $21 not reachable for even money within 45d; this is the ceiling of the free ladder
Roll out (same strike, buy time)~$1531 Jul 202610d left+$0.23/sh+$569
cycle +$719
[+$361…+$866] · 95% credit
67%
surv 54%
-$5,547 NOT
cap gain +$5,741
Up-and-out for even (raise the cap, free)~$1531 Jul 202610d left+$0.08/sh+$189
cycle +$339
[-$84…+$448] · 70% credit
71%
surv 60%
-$4,955 NOT
cap gain +$6,333
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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). 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 stress
Income coverage
Gross FIGHT income$643/mo
vs 50% target ($2,223/mo)-71%
vs normal income ($4,446/mo)14% covered
Net income (after hedge)$643/mo
Downside budget
⚠ $15 is $3 below CC-SS $17.95: assignment on a recovery to whole locks the cap give-up below.
Cap give-up @ CC-SS (V-bounce)-$7,219
… as % of IC ($9,350)77.2%
… as % of ML ($26,850)26.9%
Recovery months (at normal income)1.6 mo
Surgical close (25 ct)$-11,375
Tripwiresprice and time left decide together; the matrix is the playbook
The one rule: roll when the short call's remaining TIME VALUE < $0.01/sh (~25% of the $0.06 collected) or spot ≥ $15.10 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $15)); NOT the premium you collected. Momentum override: two daily closes above $17.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
Spot \ Time≥ 4d left3d left≤ 2d (expiry)
Below $14.85Do nothing. Theta wins.Do nothing.Penny buyback at the close; re-sell next cycle.
Pressing the strike
$15-15.10
Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.★ Roll on strength NOW: cheap buyback, fat credits.Close or roll same day; pin risk at the strike.
Through breakeven
≥ $15.10
Act now: intrinsic compounds daily. Up-and-out or safety roll.Roll or close immediately; time value is gone.Close today, or be assigned.
If held to expiryexact, settlement = intrinsic  ·  fortress delta 0.81 (IBKR)
ScenarioSpotCC leg netPosition totalvs todayvs do-nothing
at strike$15.00 (1.5σ)$150$-6,116+$5,172+$125
+2.5%$15.37 (1.7σ)$-787$-6,294+$4,994-$812
+5%$15.75 (1.9σ)$-1,725$-6,472+$4,816-$1,750
SS (= V-bounce)$20.74 (4.8σ)$-14,200$-8,842+$2,446-$12,375
V-BOUNCE STRESS (stock → CC-SS $17.95, where you are whole again, by expiry)
Starting unrealized P&L: $-11,288
+ Fortress recovery (un-capped): +$10,991
− CC assignment net of premium (25 × $15): -$7,219
Total Position P&L @ SS: $-7,516 (+$3,772 vs today)
Do-nothing baseline at SS: $-271 (this trade vs do-nothing: $-7,244, the opportunity cost of earning $643/mo FIGHT income now)
BB-reversion stress (→ $18.75 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$9,225, position total $-7,897 (+$3,391 vs today)
33% normal ← lean20 × $1424 Jul7d11.8%81%40%+8pp$360$1,543-$797$7,536
Sell 20 × $14 11.8% OTM over spot $12.52 24 Jul 2026 (7d, $0.25 mid)
= $360 credit for the 7d cycle → $1,543/mo projected
Survival (stays ≤ $14)
81%
Breach risk
19%
POP (stays ≤ $14.25)
84%
EV / mo
+$313
📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion)
FIGHT'S EDGE
+8pp
56% whole by 9mo vs 48% doing nothing
FIRE DRILLS
~2.4/quarter
challenges to roll; realized tends lower (calibration)
BANKED RATE WHILE FIGHTING
$735/mo
median; plan ~$500/mo after 68% keep · $3,998 banked by campaign end (selling stops once whole)
green: with FIGHT · grey: without
if it recovers, the typical trip is ~2.0 mo [1.1-4.0], measured ONLY among the 56% 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)
28%
Flat exit net (mid-life)
-$963
Free roll-up
+$0/wk
Safest escape (by 14 Aug 2026)
$15 @ 74% POP
65% survival
Roll menuyour doors if the call gets challenged; each row = buy back the 20 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: $0.94/sh now → $0.66 mid-life (likely $0.66–$1.07)≈ $0 at expiry  |  you banked $0.18/sh, so a flat mid-life exit nets -$0.48/sh  |  roll rows are incremental, the banked premium stays yours
📊 Across 849 simulated challenges: the $14 strike is typically first touched on day 4 of 7, at $14 (overshoots $0.42). 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.
MoveNew strike ≈New expiryTenorEst netTotal (20 ct)POP / surv
of new CC
If rolled & exited
total P&L · cap gain @ new strike
Max even-money escape in the band~$1514 Aug 202624d left+$0.45/sh+$894
cycle +$1,254
[+$622…+$1,033] · 99% credit
74%
surv 65%
-$5,047 NOT
cap gain +$6,241
SS $21 not reachable for even money within 45d; this is the ceiling of the free ladder
Roll out (same strike, buy time)~$1431 Jul 202610d left+$0.20/sh+$409
cycle +$769
[+$170…+$511] · 91% credit
67%
surv 53%
-$7,516 NOT
cap gain +$3,771
Up-and-out for even (raise the cap, free)~$1431 Jul 202610d left+$0.05/sh+$100
cycle +$460
[-$172…+$157] · 48% credit
71%
surv 61%
-$6,853 NOT
cap gain +$4,434
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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). 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 stress
Income coverage
Gross FIGHT income$1,543/mo
vs 50% target ($2,223/mo)-31%
vs normal income ($4,446/mo)35% covered
Net income (after hedge)$1,554/mo
Downside budget
⚠ $14 is $4 below CC-SS $17.95: assignment on a recovery to whole locks the cap give-up below.
Cap give-up @ CC-SS (V-bounce)-$7,536
… as % of IC ($9,350)80.6%
… as % of ML ($26,850)28.1%
Recovery months (at normal income)1.7 mo
Surgical close (20 ct)$-9,170
Tripwiresprice and time left decide together; the matrix is the playbook
The one rule: roll when the short call's remaining TIME VALUE < $0.04/sh (~25% of the $0.18 collected) or spot ≥ $14.25 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $14)); NOT the premium you collected. Momentum override: two daily closes above $17.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
Spot \ Time≥ 4d left3d left≤ 2d (expiry)
Below $13.86Do nothing. Theta wins.Do nothing.Penny buyback at the close; re-sell next cycle.
Pressing the strike
$14-14.25
Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.★ Roll on strength NOW: cheap buyback, fat credits.Close or roll same day; pin risk at the strike.
Through breakeven
≥ $14.25
Act now: intrinsic compounds daily. Up-and-out or safety roll.Roll or close immediately; time value is gone.Close today, or be assigned.
If held to expiryexact, settlement = intrinsic  ·  fortress delta 0.81 (IBKR)
ScenarioSpotCC leg netPosition totalvs todayvs do-nothing
at strike$14.00 (≤1σ, normal week)$360$-7,926+$3,362+$340
+2.5%$14.35 (1.1σ)$-340$-7,917+$3,371-$360
+5%$14.70 (1.3σ)$-1,040$-7,908+$3,380-$1,060
SS (= V-bounce)$20.74 (4.8σ)$-13,120$-8,127+$3,161-$11,660
V-BOUNCE STRESS (stock → CC-SS $17.95, where you are whole again, by expiry)
Starting unrealized P&L: $-11,288
+ Fortress recovery (un-capped): +$10,991
− CC assignment net of premium (20 × $14): -$7,536
+ Conservative CC premium (5 × $20): +$5
Total Position P&L @ SS: $-7,827 (+$3,461 vs today)
Do-nothing baseline at SS: $-271 (this trade vs do-nothing: $-7,556, the opportunity cost of earning $1,543/mo FIGHT income now)
BB-reversion stress (→ $18.75 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$9,140, position total $-7,807 (+$3,481 vs today)
🎯 50% normal13 × $1324 Jul7d3.8%63%59%+6pp$546$2,340$5,886
Sell 13 × $13 3.8% OTM over spot $12.52 24 Jul 2026 (7d, $0.51 mid)
= $546 credit for the 7d cycle → $2,340/mo projected
Survival (stays ≤ $13)
63%
Breach risk
37%
POP (stays ≤ $13.51)
73%
EV / mo
+$219
📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion)
FIGHT'S EDGE
+6pp
54% whole by 9mo vs 48% doing nothing
FIRE DRILLS
~6.0/quarter
challenges to roll; realized tends lower (calibration)
BANKED RATE WHILE FIGHTING
$757/mo
median; plan ~$515/mo after 68% keep · $4,217 banked by campaign end (selling stops once whole)
green: with FIGHT · grey: without
if it recovers, the typical trip is ~1.6 mo [1.0-3.4], measured ONLY among the 54% 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)
59%
Flat exit net (mid-life)
-$222
Free roll-up
+$0/wk
Safest escape (by 14 Aug 2026)
$17 @ 91% POP
90% survival
Roll menuyour doors if the call gets challenged; each row = buy back the 13 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: $0.84/sh now → $0.59 mid-life (likely $0.76–$1.09)≈ $0 at expiry  |  you banked $0.42/sh, so a flat mid-life exit nets -$0.17/sh  |  roll rows are incremental, the banked premium stays yours
📊 Across 1,759 simulated challenges: the $13 strike is typically first touched on day 3 of 7, at $13 (overshoots $0.39). 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.
MoveNew strike ≈New expiryTenorEst netTotal (13 ct)POP / surv
of new CC
If rolled & exited
total P&L · cap gain @ new strike
Max even-money escape in the band~$1414 Aug 202624d left+$0.36/sh+$473
cycle +$1,019
[+$232…+$395] · 97% credit
74%
surv 66%
-$7,300 NOT
cap gain +$3,988
SS $21 not reachable for even money within 45d; this is the ceiling of the free ladder
Roll out (same strike, buy time)~$1331 Jul 202610d left+$0.18/sh+$238
cycle +$784
[+$33…+$171] · 82% credit
67%
surv 53%
-$9,520 NOT
cap gain +$1,768
Up-and-out for even (raise the cap, free)~$1331 Jul 202610d left+$0.03/sh+$34
cycle +$580
[-$199…-$50] · 16% credit
72%
surv 62%
-$8,751 NOT
cap gain +$2,536
Safety roll (pay small debit, max POP)~$1714 Aug 202624d left-$0.40/sh-$520
cycle +$26
[-$1,018…-$695]
91%
surv 90%
-$1,206 NOT
cap gain +$10,082
budget: banked $546 debit $520 (95% used ≈ 1.0 wk of income) → whole cycle still +$26 cash · rolled 13 ct earn ≈ $310/mo while parked; 12 ct free to re-sell
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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). 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 stress
Income coverage
Gross FIGHT income$2,340/mo
vs 50% target ($2,223/mo)+5%
vs normal income ($4,446/mo)53% covered
Net income (after hedge)$2,366/mo
Downside budget
⚠ $13 is $5 below CC-SS $17.95: assignment on a recovery to whole locks the cap give-up below.
Cap give-up @ CC-SS (V-bounce)-$5,886
… as % of IC ($9,350)63.0%
… as % of ML ($26,850)21.9%
Recovery months (at normal income)1.3 mo
Surgical close (13 ct)$-5,980
Tripwiresprice and time left decide together; the matrix is the playbook
The one rule: roll when the short call's remaining TIME VALUE < $0.10/sh (~25% of the $0.42 collected) or spot ≥ $13.51 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $13)); NOT the premium you collected. Momentum override: two daily closes above $17.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
Spot \ Time≥ 4d left3d left≤ 2d (expiry)
Below $12.87Do nothing. Theta wins.Do nothing.Penny buyback at the close; re-sell next cycle.
Pressing the strike
$13-13.51
Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.★ Roll on strength NOW: cheap buyback, fat credits.Close or roll same day; pin risk at the strike.
Through breakeven
≥ $13.51
Act now: intrinsic compounds daily. Up-and-out or safety roll.Roll or close immediately; time value is gone.Close today, or be assigned.
If held to expiryexact, settlement = intrinsic  ·  fortress delta 0.81 (IBKR)
ScenarioSpotCC leg netPosition totalvs todayvs do-nothing
at strike$13.00 (≤1σ, normal week)$546$-9,758+$1,530+$533
+2.5%$13.32 (≤1σ, normal week)$124$-9,522+$1,766+$111
+5%$13.65 (≤1σ, normal week)$-299$-9,286+$2,001-$312
SS (= V-bounce)$20.74 (4.8σ)$-9,516$-5,034+$6,254-$8,567
V-BOUNCE STRESS (stock → CC-SS $17.95, where you are whole again, by expiry)
Starting unrealized P&L: $-11,288
+ Fortress recovery (un-capped): +$10,991
− CC assignment net of premium (13 × $13): -$5,886
+ Conservative CC premium (12 × $20): +$12
Total Position P&L @ SS: $-6,170 (+$5,117 vs today)
Do-nothing baseline at SS: $-271 (this trade vs do-nothing: $-5,899, the opportunity cost of earning $2,340/mo FIGHT income now)
BB-reversion stress (→ $18.75 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$6,929, position total $-5,589 (+$5,699 vs today)
100% normal25 × $1324 Jul7d3.8%63%77%+15pp$1,050$4,500+$2,160$11,319
Sell 25 × $13 3.8% OTM over spot $12.52 24 Jul 2026 (7d, $0.51 mid)
= $1,050 credit for the 7d cycle → $4,500/mo projected
Survival (stays ≤ $13)
63%
Breach risk
37%
POP (stays ≤ $13.51)
73%
EV / mo
+$421
📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion)
FIGHT'S EDGE
+15pp
64% whole by 9mo vs 50% doing nothing
FIRE DRILLS
~5.5/quarter
challenges to roll; realized tends lower (calibration)
BANKED RATE WHILE FIGHTING
$1,430/mo
median; plan ~$973/mo after 68% keep · $6,858 banked by campaign end (selling stops once whole)
green: with FIGHT · grey: without
if it recovers, the typical trip is ~2.0 mo [1.0-4.0], measured ONLY among the 64% 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)
60%
Flat exit net (mid-life)
-$427
Free roll-up
+$0/wk
Safest escape (by 14 Aug 2026)
$17 @ 91% POP
90% survival
Roll menuyour doors if the call gets challenged; each row = buy back the 25 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: $0.84/sh now → $0.59 mid-life (likely $0.76–$1.10)≈ $0 at expiry  |  you banked $0.42/sh, so a flat mid-life exit nets -$0.17/sh  |  roll rows are incremental, the banked premium stays yours
📊 Across 1,815 simulated challenges: the $13 strike is typically first touched on day 3 of 7, at $13 (overshoots $0.41). 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.
MoveNew strike ≈New expiryTenorEst netTotal (25 ct)POP / surv
of new CC
If rolled & exited
total P&L · cap gain @ new strike
Max even-money escape in the band~$1414 Aug 202624d left+$0.36/sh+$910
cycle +$1,960
[+$434…+$750] · 96% credit
74%
surv 66%
-$6,371 NOT
cap gain +$4,917
SS $21 not reachable for even money within 45d; this is the ceiling of the free ladder
Roll out (same strike, buy time)~$1331 Jul 202610d left+$0.18/sh+$457
cycle +$1,507
[+$52…+$320] · 81% credit
67%
surv 53%
-$8,808 NOT
cap gain +$2,479
Up-and-out for even (raise the cap, free)~$1331 Jul 202610d left+$0.03/sh+$66
cycle +$1,116
[-$397…-$96] · 17% credit
72%
surv 62%
-$8,228 NOT
cap gain +$3,060
Safety roll (pay small debit, max POP)~$1714 Aug 202624d left-$0.40/sh-$1,000
cycle +$50
[-$1,979…-$1,333]
91%
surv 90%
-$1,194 NOT
cap gain +$10,094
budget: banked $1,050 debit $1,000 (95% used ≈ 1.0 wk of income) → whole cycle still +$50 cash · rolled 25 ct earn ≈ $596/mo while parked; 0 ct free to re-sell
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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). 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 stress
Income coverage
Gross FIGHT income$4,500/mo
vs 50% target ($2,223/mo)+102%
vs normal income ($4,446/mo)101% covered
Net income (after hedge)$4,500/mo
Downside budget
⚠ $13 is $5 below CC-SS $17.95: assignment on a recovery to whole locks the cap give-up below.
Cap give-up @ CC-SS (V-bounce)-$11,319
… as % of IC ($9,350)121.1%
… as % of ML ($26,850)42.2%
Recovery months (at normal income)2.5 mo
Surgical close (25 ct)$-11,500
Tripwiresprice and time left decide together; the matrix is the playbook
The one rule: roll when the short call's remaining TIME VALUE < $0.10/sh (~25% of the $0.42 collected) or spot ≥ $13.51 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $13)); NOT the premium you collected. Momentum override: two daily closes above $17.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
Spot \ Time≥ 4d left3d left≤ 2d (expiry)
Below $12.87Do nothing. Theta wins.Do nothing.Penny buyback at the close; re-sell next cycle.
Pressing the strike
$13-13.51
Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.★ Roll on strength NOW: cheap buyback, fat credits.Close or roll same day; pin risk at the strike.
Through breakeven
≥ $13.51
Act now: intrinsic compounds daily. Up-and-out or safety roll.Roll or close immediately; time value is gone.Close today, or be assigned.
If held to expiryexact, settlement = intrinsic  ·  fortress delta 0.81 (IBKR)
ScenarioSpotCC leg netPosition totalvs todayvs do-nothing
at strike$13.00 (≤1σ, normal week)$1,050$-9,266+$2,022+$1,025
+2.5%$13.32 (≤1σ, normal week)$238$-9,420+$1,868+$213
+5%$13.65 (≤1σ, normal week)$-575$-9,574+$1,713-$600
SS (= V-bounce)$20.74 (4.8σ)$-18,300$-12,942-$1,654-$16,475
V-BOUNCE STRESS (stock → CC-SS $17.95, where you are whole again, by expiry)
Starting unrealized P&L: $-11,288
+ Fortress recovery (un-capped): +$10,991
− CC assignment net of premium (25 × $13): -$11,319
Total Position P&L @ SS: $-11,616 ($-328 vs today)
Do-nothing baseline at SS: $-271 (this trade vs do-nothing: $-11,344, the opportunity cost of earning $4,500/mo FIGHT income now)
BB-reversion stress (→ $18.75 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$13,325, position total $-11,997 ($-709 vs today)
A nudge, not a rule: the engine maximizes income at acceptable safety; this weighs the income you would give up against the breach risk you would shed. Your hedge bleed and your read on CLSK are the tiebreakers.
⚔ FIGHT CC options · full candidate scan (8 clear the floor), click to expand

Every eligible strike x expiry in the 4-45 DTE band (4 expiries scanned, 8 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: 0.810 (IBKR)  |  Recovery@SS: +$10,991 (un-capped fortress gain if stock rallies to SS)  |  Do-nothing @ SS: $-271

StrikeDTEExpiryBidSellIncome/moNet/moSurvivalPOP (mid)EV/moCap Give-up @ CC-SS%ICTotal P&L @ SS
$13.5028d14 Aug 2026$0.9722/25$2,286$2,29366%76%+$401-$7,65181.8%$-7,944 (vs do-nothing $-7,673)
$137d24 Jul 2026$0.4213/25$2,340$2,36663%73%+$219-$5,88663.0%$-6,170 (vs do-nothing $-5,899)
$1314d31 Jul 2026$0.6916/25$2,366$2,38561%73%+$258-$6,81272.9%$-7,100 (vs do-nothing $-6,828)
$1328d14 Aug 2026$0.8525/25$2,277$2,27761%72%$-365-$10,244109.6%$-10,541 (vs do-nothing $-10,269)
$12.5028d14 Aug 2026$1.2517/25$2,277$2,29455%70%+$82-$7,13676.3%$-7,424 (vs do-nothing $-7,153)
$12.5021d7 Aug 2026$0.8619/25$2,334$2,34754%69%$-338-$8,71793.2%$-9,007 (vs do-nothing $-8,736)
$12.5014d31 Jul 2026$0.8513/25$2,368$2,39454%69%+$65-$5,97763.9%$-6,261 (vs do-nothing $-5,990)
$12.507d24 Jul 2026$0.629/25$2,391$2,42652%68%+$127-$4,34546.5%$-4,625 (vs do-nothing $-4,354)

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%). 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 25 contracts at the conservative CC.

fortress_fight.py v6.1  |  2026-07-17 21:37